Apart from economic reasons, why does consumption become more and more important in capitalist society?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Because it carries symbolic meaning
Option (1) Because it replaces exchange through barter — Incorrect. Replacing barter is what money does as a means of exchange. It explains how trade works and gives no reason for goods mattering beyond their use.
Option (2) Because it is the main source of state revenue — Incorrect. Revenue from taxes on goods is itself an economic matter. It cannot be the reason that lies apart from economics.
Option (3) Because it decides the wage paid to labour — Incorrect. Wages are fixed in the labour market, which is also an economic link. It gives no reason beyond economics for the weight of consumption.
Option (4) Because it carries symbolic meaning — Correct. Consumption has symbolic meaning. By buying and displaying certain goods, a consumer conveys his or her socio-economic status or cultural preferences, so consumption creates and communicates social distinctions.
NCERT (2026-27): “A 4.3 |