The Smith family always has the latest model of luxury vehicles even though they don’t really need new vehicles every year. They also have the latest smartphones, tablets, and e-readers and a wide range of other luxury goods that they often manage to display to others. The Smith family is engaging in
A. conspicuous consumption.
B. counter-austerity.
C. economic posturing.
D. financial reciprocity.
Answer: A
Sociology
You might also like to view...
Which does NOT characterize Gemeinschaft?
a. superficiality b. strong bonds c. interactions based on trust d. long-lasting relationships
Sociology
Daniel Bell believes that future societies will be increasingly controlled by knowledge experts rather than by capitalist entrepreneurs
Indicate whether this statement is true or false.
Sociology
The world's first cities appeared on the world's seacoasts
Indicate whether the statement is true or false.
Sociology
For Marx, the drive for profit is a boundless thirst
a. True b. False Indicate whether the statement is true or false
Sociology