Homonym: consumption (Intake)
Consumption refers to the process of using goods and services to satisfy needs and wants. It encompasses everything from eating food to using technology, and it plays a crucial role in the economy. When people consume, they drive demand for products, which can influence production and market trends.
In an economic context, consumption is often measured by the amount of money spent by households on various items, including clothing, housing, and entertainment. This spending is a key indicator of economic health, as higher consumption typically leads to increased production and job creation, while lower consumption can signal economic downturns.