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Modernity-snobbery, though not oxclusive...

Modernity-snobbery, though not oxclusive to our age, has come to assume an unprecedented importance. The reasons for this are simple and of a strictly economic character. Thanks to modern machinery, production is outrunning consumption. Organized waste among consumers is the first condition of our industrial prosperity. The sooner a consumer throws away the object he has bought and buys another, the better for the producer. At the same time the producer must do his bit by producing nothing but the most perishable articles.
The expression production is outrunning consumption' means

A

production is falling short of consumption

B

consumption is much more than production

C

production is in excess of consumption

D

production and consumption are running close to each other

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The correct Answer is:
C

production is in excess of consumption
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Modernity-snobbery, though not oxclusive to our age, has come to assume an unprecedented importance. The reasons for this are simple and of a strictly economic character. Thanks to modern machinery, production is outrunning consumption. Organized waste among consumers is the first condition of our industrial prosperity. The sooner a consumer throws away the object he has bought and buys another, the better for the producer. At the same time the producer must do his bit by producing nothing but the most perishable articles. The production of more dispensable articles is necessary because it will

Modernity-snobbery, though not oxclusive to our age, has come to assume an unprecedented importance. The reasons for this are simple and of a strictly economic character. Thanks to modern machinery, production is outrunning consumption. Organized waste among consumers is the first condition of our industrial prosperity. The sooner a consumer throws away the object he has bought and buys another, the better for the producer. At the same time the producer must do his bit by producing nothing but the most perishable articles. For industrial prosperity, 'modernity-snobbery' is important because it induces people to

Modernity-snobbery, though not oxclusive to our age, has come to assume an unprecedented importance. The reasons for this are simple and of a strictly economic character. Thanks to modern machinery, production is outrunning consumption. Organized waste among consumers is the first condition of our industrial prosperity. The sooner a consumer throws away the object he has bought and buys another, the better for the producer. At the same time the producer must do his bit by producing nothing but the most perishable articles. According to the author, 'modern machinery' is giving rise to

Modernity-snobbery, though not exclusive to our age, has come to assume an unprecedented importance. The reasons for this are simple and of a strictly economic character. Thanks to modern machinery, production is outrunning consumption. Organized waste among consumers is the first condition of our industrial prosperity. The sooner a consumer throws away the object he has bought and buys another, the better for the producer. At the same time the producer must do his bit by producing nothing but the most perishable articles. The best definition of the term Modernity-snobbery is

____ is the rate of production of organic matter by consumers.

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Who gave the first modern theory of organic evolution ?

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