consumption

  

Definition

The process in which the substance of a thing is completely destroyed, used up, or incorporated or transformed into something else. Consumption of goods and services is the amount of them used in a particular time period.

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What Consumers Purchase

There is something inevitable to me about "positional" goods. Once you've provided for your basic needs, you start to march up the consumption curve and it is often the more traditional bran ... Read more

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