The meaning of CONSUMPTION is the act or process of consuming. How to use consumption in a sentence.

CONSUMPTION definition: 1. the amount used or eaten: 2. the act of using, eating, or drinking something: 3. the situation…. Learn more.

Define consumption. consumption synonyms, consumption pronunciation, consumption translation, English dictionary definition of consumption. n. 1. a. The act or process of consuming. b. The state of …

Guide to Consumption and its meaning in economics. We explain its examples and comparison with consumerism, factors, types, and importance.

consumption, in economics, the use of goods and services by households. Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by households.

Consumption means using, buying or eating something. If we don't reduce our energy consumption, we will run out of fuel. Conspicuous consumption is buying something to show off.

Consumerism is a socio-cultural and economic phenomenon that is typical of industrialized societies. It is characterized by the continuous acquisition of goods and services in ever-increasing quantities. In …