Current consumption effects future consumption.

Question

Quizplus · Accepted Answer

Current consumption patterns can affect future consumption as they can create habits and preferences that influence future decision-making. For example, if someone regularly buys fast food for lunch, they may be more likely to continue that habit in the future rather than switch to a healthier option. Similarly, if someone gets into the habit of saving money regularly, it may become a natural and ongoing part of their future consumption habits.

Current Consumption Effects Future Consumption