Consumption, also known as "social consumption", refers to the amount of consumption materials (including labor services) consumed by people in a certain period of time.
From the perspective of consumption subject, consumption can be divided into social consumption and personal consumption.
Social consumption is the sum of consumption materials (including labor services) consumed by the whole society in a certain period. It is an important indicator reflecting the level of social consumption.
Individual consumption is the amount of consumption materials (including labor services) consumed by social individuals in a certain period of time. The comparison between individual consumption and per capita consumption reflects the level of consumption of social individuals in the whole society.
From the object or object of consumption, it can be divided into physical consumption and labor consumption.
