Concept information
Preferred term
underconsumption
Definition
- The term underconsumption is used in very different contexts, making an unambiguous definition difficult. On one hand, it is a historically and culturally placed concept based on specific premises developed in the classic Western European liberal economic theories of the 16th, 17th, and 18th centuries. [Source: Encyclopedia of Consumption and Waste: The Social Science of Garbage; Underconsumption]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/underconsumption
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