Psychology Dictionary of ArgumentsHome
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| Consumption (Economics) - Psychology Dictionary of Arguments | |||
| Consumption: In economics, consumption refers to the act of using goods and services to satisfy current needs and wants. It is a key component of economic activity and is measured as part of gross domestic product (GDP). Consumption is driven by factors such as income, wealth, preferences, and expectations. Consumption is a key component of the economy, influencing production, demand for goods, and overall economic growth. See also economic growth, Economy, Preferences._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Ecological Theories | Consumption (Economics) | Ecological Theories | |
| Economic Theories | Consumption (Economics) | Economic Theories | |
| Galbraith, John Kenneth | Consumption (Economics) | Galbraith, John Kenneth | |
| Keynesianism | Consumption (Economics) | Keynesianism | |
| Neoclassical Economics | Consumption (Economics) | Neoclassical Economics | |
| Rothbard, Murray N. | Consumption (Economics) | Rothbard, Murray N. | |
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Ed. Martin Schulz, access date 2025-04-28 | |||
