underconsumption
Not buying enough
Underconsumption is insufficient purchasing of goods relative to what's being produced—an economic imbalance where supply outstrips demand.
The term appears in discussions of recessions and market failures.
More recently, underconsumption has become social media vocabulary for *not* buying things, positioning modest or minimal purchasing as countercultural: Her underconsumption content shows the same water bottle she's had for years.
Economic decline period
- unemploymentBeing without paid work
- depressionProlonged low state
- slowdownReduction in pace
- contractionReduction in size
stagflation · deflation · economic crisis · reduced spending · austerity · belt-tightening · cutbacks · recession
Excessive manufacture beyond need
- glutExcessive surplus
- purchasing powerEconomic spending ability
- KeynesianismInterventionist macroeconomic theory
- market saturationMaximum product penetration reached
economic stagnation · income distribution · wealth inequality · fiscal policy · monetary policy · economic imbalance · surplus inventory · macroeconomic
Shortfall in amount needed
- shortageDeficient supply of necessities
- deprivationState of lacking necessities
- lackDeficiency or absence
- dearthAcute shortage of something
undersupply · inadequacy · paucity · want · privation · neediness · exiguity · rationing
Economical resource management
- minimalismAesthetic of reduction
- simplicityLack of complexity
- thriftCareful use of resources
- moderationAvoidance of excess
restraint · temperance · anti-consumerism · degrowth · intentional living · downsizing · decluttering · slow living
Disease from dietary inadequacy
- starvationExtreme nutritional deprivation
- famineSevere food shortage
- hungerNeed for nourishment
- undernourishmentInsufficient dietary intake
malnourishment · food insecurity · caloric deficit · nutrient deficiency · wasting · stunting · underfeeding · protein deficiency
downturn
Economic decline period
- unemploymentBeing without paid work
- depressionProlonged low state
- slowdownReduction in pace
contraction · stagflation · deflation · economic crisis · reduced spending · austerity · belt-tightening · cutbacks · recession · spending freeze
overproduction
Excessive manufacture beyond need
- glutExcessive surplus
- purchasing powerEconomic spending ability
- KeynesianismInterventionist macroeconomic theory
market saturation · economic stagnation · income distribution · wealth inequality · fiscal policy · monetary policy · economic imbalance · surplus inventory · macroeconomic · underutilization
insufficiency
Shortfall in amount needed
- shortageDeficient supply of necessities
- deprivationState of lacking necessities
- lackDeficiency or absence
dearth · undersupply · inadequacy · paucity · want · privation · neediness · exiguity · rationing · deficit
frugality
Economical resource management
- minimalismAesthetic of reduction
- simplicityLack of complexity
- thriftCareful use of resources
moderation · restraint · temperance · anti-consumerism · degrowth · intentional living · downsizing · decluttering · slow living · essentialism
malnutrition
Disease from dietary inadequacy
- starvationExtreme nutritional deprivation
- famineSevere food shortage
- hungerNeed for nourishment
undernourishment · malnourishment · food insecurity · caloric deficit · nutrient deficiency · wasting · stunting · underfeeding · protein deficiency
- economyGDP, money, inflation, inflation rate, GNP
- consumptioneating, drinking, ingestion, ingesting, swallowing
- Marxist economicssurplus value, labor power, means of production, commodity fetishism, wage labor
underconsumptionoverconsumption
Excessive use of resources
hyperconsumption · consumerism · gluttony · overindulgence · overspending
underconsumptionoverspending
Exceeding one's budget
profligacy · extravagance · overbuying · splurging · conspicuous consumption
consume, consumer, consuming, consumption, consumers, consumable, consumptive, overconsumption, unconsumed