buying expensive services and products in order to flaunt your wealth
Used in the same subject area: Economics, Environmental science, Media and communication, Sustainability, Audiences and reception, General economics.
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Consumption of materials
the expenditure in specific terms (per unit of production) of material resources (basic and auxiliary materials, fuel, energy, and depreciation of fixed assets) needed for production.; "Within the national economy, in order to eliminate double counting, the consumption of materials must be calculated by the final product."
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