Consumption categories are formed mainly on the basis of the commodities involved. Broadly speaking there are two categories: Food and non-food consumption. (a)Consumption to gratify hunger and thirst needs is food consumption. (b) The consumption that is not related to the above but meant for satisfaction of health, education, travel and recreational needs is regarded as non-food consumption
1.2 Nature of Consumption
The dynamic nature of human needs gives consumption a dynamic character. Human needs are always subjected to continuous change. The dynamic character of consumption depends on the nature of the society and economy. Variations in consumption are visible in different societies, as there exists a difference in environmental, social,
1.2 Nature of Consumption
The dynamic nature of human needs gives consumption a dynamic character. Human needs are always subjected to continuous change. The dynamic character of consumption depends on the nature of the society and economy. Variations in consumption are visible in different societies, as there exists a difference in environmental, social,