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

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 Koch discovered the tubercle bacillus, …

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 households.

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

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

Consumption is a fundamental concept in economics, representing the use of goods and services to satisfy wants and needs. It's a key driver of economic activity, influencing production, employment, …

Feb 14, 2025 · Consumption refers to the process by which goods and services are used by households, businesses, and other entities to satisfy needs and wants. It involves the acquisition, …

Jan 31, 2025 · In economics, consumption represents the utilization of goods and services by individuals and households to fulfill needs and desires. It’s not merely a passive act; it’s a dynamic component …

Jun 6, 2024 · Consumption refers to the process of using goods and services to satisfy human wants and needs. It involves the acquisition, utilization, and enjoyment of goods and services by individuals …