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use of goods and services vs conspicuous consumption

conspicuous consumption vs use of goods and services

use of goods and services and conspicuous consumption both are nouns.

Word NounAdjectiveVerbAdverb
use of goods and services Yes No No No
conspicuous consumption Yes No No No
As nouns, conspicuous consumption is a hyponym of use of goods and services; that is, conspicuous consumption is a word with a more specific, narrower meaning than use of goods and services:
  • use of goods and services: (economics) the utilization of economic goods to satisfy needs or in manufacturing
  • conspicuous consumption: buying expensive services and products in order to flaunt your wealth
Other hyponyms of use of goods and services include consumption of materials, material intensity.
use of goods and services (noun) conspicuous consumption (noun)
(economics) the utilization of economic goods to satisfy needs or in manufacturing buying expensive services and products in order to flaunt your wealth
Difference between use of goods and services and conspicuous consumption

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