Definitions for "Conspicuous consumption"
Phrase referring to extravagant spending to raise social standing, coined by Thorstein Veblen in The Theory of the Leisure Class (1899).
A term coined by economist and social critic Thorstein Veblen to describe buying things we don't want or need to impress others.
buying expensive services and products in order to flaunt your wealth
The acquisition and display of goods and services to show off one's status.