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.

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.

Consumption definition: the act of consuming, as by use, decay, or destruction.. See examples of CONSUMPTION used in a sentence.

Feb 14, 2025 · Q: What is the difference between consumption and production? A: Consumption refers to the use of goods and services, while production is the process of creating those …

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

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