Consumption (economics)
id:
consumption-economics-173-15633183
title:
Consumption (economics)
text:
Consumption is the act of using resources to satisfy current needs and wants. It is seen in contrast to investing, which is spending for acquisition of future income. Consumption is a major concept in economics and is also studied in many other social sciences. Different schools of economists define consumption differently. According to mainstream economists, only the final purchase of newly produced goods and services by individuals for immediate use constitutes consumption, while other types o
brand slug:
wiki
category slug:
encyclopedia
description:
Using money to obtain an item for use
original url:
https://en.wikipedia.org/wiki/Consumption_(economics)
date created:
2004-04-02T04:43:24Z
date modified:
2024-09-02T11:53:15Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/e/e4/Mall_culture_jakarta89.jpg","width":2560,"height":1920}
fields total:
13
integrity:
16