Consumption

 

 

 

Consumption

 

Glossary of business

 

Definition of consumption

 

Consumption expenditure by households on the goods and services they want to satisfy their wants. Consumption is a key part of aggregate demand (the total level of demand in an economy).

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of consumption

 

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Meaning of consumption

 

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What does consumption mean ?

 

 

 

 

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