Conspicuous Consumption: Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following items would not be a good purchased in conspicuous consumption?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. What do you call goods that are more in demand when the price increases?

2. How often do individuals that are guilty of conspicuous consumption care about social class?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

Challenge your understanding of conspicuous consumption using this interactive quiz and printable worksheet. Study these assets anytime during the lesson, then move on to more complex economic topics.

About This Quiz & Worksheet

Conspicuous consumption refers to a purchasing pattern where people try to broadcast their wealth and status. This quiz/worksheet combo will assess your understanding of conspicuous consumption, including examples of things that might be purchased by people engaging in conspicuous consumption and the reasons why someone might engage in it.

Quiz & Worksheet Goals

This multiple choice quiz and worksheet will test you on:

  • Behavior of conspicuous consumers
  • Goods that might be purchased in conspicuous consumption
  • Name for goods that are more in demand when their price increases
  • How individuals engaging in conspicuous consumption feel about their social class

Skills Practiced

Students will be able to test the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related conspicuous consumption lesson
  • Critical thinking - apply relevant concepts to examine information about the role of social class regarding conspicuous consumers
  • Information recall - access the knowledge you've gained regarding goods purchased by conspicuous consumers

Additional Learning

Review the lesson entitled Conspicuous Consumption: Definition & Examples to learn more about consumer behavior. The lesson will cover the following objectives:

  • Defining conspicuous consumption
  • Understanding the relationship between goods purchased and social class concern
  • Providing an example of why a person might engage in conspicuous consumption
  • Outlining examples of what a person might purchase when engaging in conspicuous consumption
Support