Meaning of lipstick effect | Babel Free
Definitions
The theory that consumers are more willing to buy less costly luxury goods during economic crises.
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free