lipstick effect
Noun
Meaning
lipstick effect (plural lipstick effects)
English Wikipedia has an article on:lipstick effectWikipedia
(economics) The theory that consumers are more willing to buy less costly luxury goods during economic crises.
Noun
lipstick effect (plural lipstick effects)
English Wikipedia has an article on:lipstick effectWikipedia
(economics) The theory that consumers are more willing to buy less costly luxury goods during economic crises.