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economic consumption

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.economic consumption - (economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
conspicuous consumption - buying expensive services and products in order to flaunt your wealth
demand - the ability and desire to purchase goods and services; "the automobile reduced the demand for buggywhips"; "the demand exceeded the supply"


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The tax rebate will result in some economic consumption among low-income people, and the expensing for businesses will have an immediate impact," says Jefferson.
In the economic area, population ageing will have an impact on economic consumption, labour markets, pensions, taxation and intergenerational transfers.
This ultracapacitor buffer also allows utilities to operate their generators at maximum efficiency as opposed to ramping power generation up and down which results in less economic consumption of fossil fuels burned by their generators.
 
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