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Bookmark or Share- consumption noun - Definition, pictures, pronunciation and ...the act of using energy, food or materials; the amount used. the production of fuel for domestic consumption (= to be used in the country where it is produced) Gas and oil consumption always increases in cold weather. The meat was declared unfit for human consumption.
- CONSUMPTION | English meaning - Cambridge DictionaryCONSUMPTION definition: 1. the amount used or eaten: 2. the act of using, eating, or drinking something: 3. the situation…. Learn more.
- Consumption (economics) - WikipediaConsumption is the act of using resources to satisfy current needs and wants. [1] It is seen in contrast to investing, which is spending for acquisition of future income. [2] Consumption is a major concept in economics and is also studied in many other social sciences. Different schools of economists define consumption differently.
- Consumption Definition & Meaning - Merriam-WebsterThe meaning of CONSUMPTION is the act or process of consuming. How to use consumption in a sentence.
- Consumption | Definition, Economics, Examples, Types, & Facts ...Consumption, in economics, the use of goods and services by households. Neoclassical (mainstream) economists generally consider consumption to be the final purpose of economic activity, and thus the level of consumption per person is viewed as a central measure of an economy’s productive success.
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