Status and ego concerns are sociopsychiatric explanations for consumption behavior.

Name: Status and ego concerns are sociopsychiatric explanations for consumption behavior.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Status and ego concerns are commonly cited sociopsychiatric explanations for why people consume certain goods or services. These explanations suggest that individuals may seek to signal their social status or enhance their self-esteem through their consumption choices.

Status and Ego Concerns Are Sociopsychiatric Explanations for Consumption Behavior