Define Conspicuous Consumption as defined by Veblen and
illustrate a contemporary example of this concept. How does it help
to reinforce the standing of the leisure class? Veblen describes
the concept in a pejorative manner. Conclude by stating whether you
feel Conspicuous Consumption is inherently harmful and if it is
not, then provide any potential benefits that may come of it.
Consider the consumption theories
a) Explain the Keynes’ consumption puzzle?
b) How does Modigliani’s consumption theory resolve the
puzzle?
c) How does Friedman’s consumption theory resolve the
puzzle?
What are 4 example items of conspicuous consumption that is come
across in daily life? Describe another social meaning that might be
assigned to each example item if viewed from a different
perspective. Explanation of the purpose conspicuous consumption
serves and the societal factors that encourage conspicuous
consumption.
What is transcultural nursing theory? What are its main concepts
and assumptions? Critique the theory and how it can impact your
role as an advance nurse.