noun the state of having a great deal of money; wealth
Psychologically, affluency can impact an individual's sense of self-worth and identity, as well as their relationships with others.
In sociology, affluency is used to describe the social class of individuals who possess significant wealth and material possessions.
Affluency refers to the state of having an abundance of wealth and resources, often used in discussions of income inequality and economic disparities.
In marketing, affluency is a key demographic segment of consumers who have high disposable incomes and are targeted by luxury brands.
Writers may use the term 'affluency' when discussing themes of wealth and privilege in their works, or when analyzing the impact of affluence on characters and society.
Psychologists may use 'affluency' when studying the psychological effects of wealth and privilege, or when working with clients who come from affluent backgrounds and dealing with related issues.
Economists may use 'affluency' when analyzing patterns of consumption and spending among affluent individuals or when studying the economic impact of wealth disparity.
Sociologists may use 'affluency' when examining social stratification based on wealth or when researching the cultural norms and values of affluent communities.