Meaning of CONSUMPTION:
Denoting the process in which goods and services are used, consumption has been given markedly less attention than production by sociologists, for the good reason that since, in most societies to date, people’s time and energy has been largely taken up with work, their place in the production process has greatly influenced much else about them, and few have had enough discretionary income for consumption to rise much above the bare necessities. Arguably the increasing affluence of modern societies and the shrinking of the presence of work in our lives means that consumption should be studied as an important social phenomenon in its own right.