calvinsanchez80421 calvinsanchez80421
  • 22-02-2022
  • Business
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According to Thorstein Veblen, a business or company going bankrupt is the analogous process to the idea of ______ in the natural (biological) world

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topeadeniran2 topeadeniran2
  • 23-02-2022

A business or company that is going bankrupt is due to the concept of conspicuous consumption.

What is bankruptcy?

Bankruptcy simply means a legal proceeding when a person is unable to pay the outstanding debts.

According to Thorstein Veblen, a business or company going bankrupt is the analogous process to the idea of conspicuous consumption in the natural world.

Learn more about bankruptcy on:

https://brainly.com/question/25748091

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