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What does consumption mean?

: the act or process of consuming : a gradual and continuous wasting away of the body especially from tuberculosis of the lungs : a progressive wasting away of the body especially from pulmonary tuberculosis : tuberculosis Nglish: Translation of consumption for Spanish Speakers Britannica English: Translation of consumption for Arabic Speakers

How does consumption differ from consumption expenditure?

Consumption differs from consumption expenditure primarily because durable goods, such as automobiles, generate an expenditure mainly in the period when they are purchased, but they generate “consumption services” (for example, an automobile provides transportation services) until they are replaced or scrapped. (See consumer good .)

Are consumption goods the end in sight of the industrial struggle?

But speaking broadly, consumption goods, present or future, are the end in sight of the industrial struggle. Please remember that under socialism the scramble for wealth is limited; no man can own capital, but only consumption goods.

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