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

a contagious human disease (the consumption of Victorian times) affecting particularly the lungs, that is caused by the bacterium Mycobacterium tuberculosis. Response to infection is varied …

Consumption refers to the use of resources to fulfill present needs and desires. [1] It is seen in contrast to investing, which is spending for acquisition of future income. [2] Consumption is a …

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

What is Consumption? Consumption is defined as the use of goods and services by a household. It is a component in the calculation of the Gross Domestic Product (GDP). Macroeconomists …

Consumption means the amount of something that people and other entities use. It is also the process of using something, often so that there is less of it available afterward.

Consumption is the basis of any economic or human activity. It is simply the act of using or drawing benefits from a resource, product, or service to fulfill a need or to attain satisfaction.

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 …

Consumption means using, buying or eating something. If we don't reduce our energy consumption, we will run out of fuel. Conspicuous consumption is buying something to show off.

Jan 22, 2025 · What Is Consumption? Consumption (C) refers to the act of utilizing goods and services to meet human wants and needs. It incorporates various activities, from purchasing …