autonomous consumption


The amount of consumption that would take place in an economy if consumers had no income. Types of goods or services that fall under autonomous consumption include items often dubbed "needs": food, housing, electricity. If consumers have no discretionary income they still will need some place to live and something to eat. When combined with discretionary income, autonomous consumption represents real wages.

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You may find that there is some autonomous consumption going on and will need to work it to your favor.

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The autonomous consumption economy was a major focus for us as we wanted to enter markets where demand was constant.

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I was told if the consumers had no income then there would be something called autonomous consumption that would take place instead.

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