Asked by Lionel Banks on Sep 29, 2024

​A showy display of wealth for social prestige is called:

A) ​conspicuous consumption
B) ​sumptuary reciprocity
C) ​trickle-down redistribution
D) ​potlatch reciprocity

Conspicuous Consumption

A showy display of wealth for social prestige.

Trickle-Down Redistribution

An economic theory suggesting that benefits provided to the wealthy or upper economic classes will eventually "trickle down" to benefit poorer members of society.

Potlatch Reciprocity

A ceremonial feast practiced among indigenous peoples of the Pacific Northwest Coast of America, characterized by the generous giving of gifts which reciprocally establish or reinforce social status.

  • Acquire an understanding of how social standing and leadership are affected by practices of economic distribution.