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Conspicuous Consumption and Race: Who Spends More on What
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Conspicuous Consumption and Race: Who Spends More on What

Knowledge at Wharton·@HashtagPLUS·about 1 month ago
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Fashionable clothes, jewelry, flashy cars.... They are all items of conspicuous consumption that give their owners status on the street. Some groups, such as blacks and Hispanics, seem to spend more on such emblems of success than others.…

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