Question

question 21 of 30
the smith family made several good investments, and now they no longer struggle to pay for groceries. they do not want to tell people about how much money they have. instead they show their financial success by buying expensive jewelry and a house that has more bedrooms than they actually need. their purchases are examples of:
a. gender differentiation.
b. biological characteristics.
c. ascribed social standing.
d. conspicuous consumption.

Explanation:

Conspicuous consumption refers to the purchase of goods or services to publicly display one's wealth and status. In this case, the Smith family is using expensive purchases (jewelry, a large - bedroom house) to show their financial success without directly revealing their wealth. Gender differentiation is about differences between genders. Biological characteristics are related to physical traits. Ascribed social standing is a status assigned at birth, not related to these purchases.

Answer:

D. conspicuous consumption