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Running head: CONSUMPTION1ConsumptionInstitution AffiliationDateCONSUMPTIONConsumption is the use of a resource or commodity. A person who is willing and able toacquire and use a commodity is called a consumer (Miller and Miller 2005). Consumption isdetermined directly by income and wealth built up by a person. The level of consumption is alsoinfluenced by other factors such as social status, insatiable needs among others as discussedbelow.One of the major causes of over-consumption is social status. Secondary wants aredesires for commodities which are necessary to make life comfortable but one can do withoutthem. Luxury wants are desires for commodities which provide extreme comfort and are usuallysatisfied when there is a lot of surplus resources after all other wants have been satisfied.Individuals satisfy some of these wants so as to fit into a certain social class or even outshine it(Schor, 2001). This causes the individuals to spend on consumption of goods they do not reallyneed. With such behavior, the individual will always want to spend more as there is always ahigher social class.The basic needs for every human being as we know them are; food, shelter, and clothing.Individuals, therefore, strife every day to satisfy these needs and the more they accumulateresources such as food and clothing the more comfortable they are. Since needs such as food areinsatiable, persons tend to accumulate the resources to the point that they do not need. This ...


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