Consumers Who Are "In the Know" About Valued Status Symbols

question 9

Multiple Choice

Consumers who are "in the know" about valued status symbols may switch gears and deliberately seek to mock the prizing of such status symbols by avoiding them, for example, by wearing torn blue jeans, a form of consumption called:

• A) conspicuous rejection
• B) parody display
• C) ironic mimicry
• D) fraudulent flattery
• E) counterfeit consumption

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Definitions:

Republicanism

A political ideology centered on citizenship in a state organized as a republic under which the people hold popular sovereignty.

Revolutionary Spirit

The fervor or mindset among a population that drives them to seek radical structural change within their society or government, often through dramatic means.

Common Sense

Practical judgment concerning everyday matters, or a basic ability to perceive, understand, and judge that is shared by ("common to") nearly all people.

Thomas Paine

An influential thinker and author of the 18th century, best known for his works "Common Sense" and "The American Crisis," which advocated for American independence from Britain.