E3S Web Conf.
Volume 208, 2020First Conference on Sustainable Development: Industrial Future of Territories (IFT 2020)
|Number of page(s)||7|
|Published online||24 November 2020|
Private consumption as a factor to engage human capacity in terms of sustainable development
1 Tomsk State University, Lenina Str., 36, 634050 Tomsk, Russia
2 Tomsk Polytechnic University, Lenina Str., 30, 634050 Tomsk, Russia
* Corresponding author: email@example.com
Investigated private consumption as a substantial factor to accumulate human potential. Author has revealed the function of private consumption as a tool to reproduce human capital. To restruct of private consumption towards a shift towards the prevalence of disposable income towards the consumption of “knowledge-intensive” goods and services is a factor for sustainable development of the Russian economy. A hypothesis put forward that creative consumption determines the sustainability of the development of society.
© The Authors, published by EDP Sciences, 2020
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