economic consumption Synonyms
No Synonyms and anytonyms found
economic consumption Meaning
Wordnet
economic consumption (n)
(economics) the utilization of economic goods to satisfy needs or in manufacturing
economic consumption Sentence Examples
- The high economic consumption in developed countries is often criticized for its negative impact on the environment.
- Economic consumption is the process by which individuals and societies use goods and services to satisfy their needs and wants.
- The rate of economic consumption is influenced by several factors such as income, wealth, and preferences.
- Government policies can also influence economic consumption, such as taxes, subsidies, and regulations.
- Economic consumption is often measured by the total value of goods and services produced in a country, known as gross domestic product (GDP).
- Sustainable economic consumption involves using resources efficiently and minimizing waste to ensure that future generations can also meet their needs.
- Reducing economic consumption can help mitigate climate change, conserve natural resources, and promote social justice.
- Encouraging sustainable economic consumption requires changes in individual behavior, government policies, and corporate practices.
- Consumer education and awareness campaigns can help individuals understand the environmental and social impacts of their consumption choices.
- Economic consumption is a complex issue with important implications for the environment, society, and the economy.
FAQs About the word economic consumption
(economics) the utilization of economic goods to satisfy needs or in manufacturing
No synonyms found.
No antonyms found.
The high economic consumption in developed countries is often criticized for its negative impact on the environment.
Economic consumption is the process by which individuals and societies use goods and services to satisfy their needs and wants.
The rate of economic consumption is influenced by several factors such as income, wealth, and preferences.
Government policies can also influence economic consumption, such as taxes, subsidies, and regulations.
