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 …

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

According to mainstream economists, only the final purchase of goods and services by individuals constitutes consumption, while other types of expenditure — in particular, fixed investment, …

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

The consumption of food or drink is the act of eating or drinking something, or the amount that is eaten or drunk.

CONSUMPTION definition: the act of consuming, as by use, decay, or destruction. See examples of consumption used in a sentence.

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.

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

CONSUMPTION definition: 1. the amount of something that someone uses, eats, or drinks: 2. the act of using, eating, or…. Learn more.

CONSUMPTION meaning: 1 : the act of eating or drinking something; 2 : the use of something (such as fuel)