The meaning of CONSUMPTION is the act or process of consuming. How to use consumption in a sentence.

Description Overview Tuberculosis was popularly known as consumption for a long time. Scientists know it as an infection caused by M. tuberculosis. In 1882, the microbiologist Robert …

consumption, in economics, the use of goods and services by households. Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by …

CONSUMPTION definition: 1. the amount used or eaten: 2. the act of using, eating, or drinking something: 3. the situation…. Learn more.

Guide to Consumption and its meaning in economics. We explain its examples and comparison with consumerism, factors, types, and importance.

The consumption of food or drink is the act of eating or drinking something, or the amount that is eaten or drunk.

Jun 6, 2024 · Consumption, in the context of economics, refers to the use of goods and services by individuals, households, or entities to satisfy their wants, needs, and desires.

Define consumption. consumption synonyms, consumption pronunciation, consumption translation, English dictionary definition of consumption. n. 1. a. The act or process of …

consumption noun [U] (USING) the act of using, eating, or drinking something: products sold for personal consumption

consumption, In economics, the final using up of goods and services. The term excludes the use of intermediate products in the production of other goods (e.g., the purchase of buildings and …