Chapter 12 - Consumers Flashcards
1
Q
What is a good? Name 2.
A
Products consumers buy every day. Food, Clothes.
2
Q
What are state services? Name 2
A
Services paid for by taxation e.g. Gardaí and Roads
3
Q
What is a need? Name 2
A
Goods and services we need to survive e.g. Food, Shelter
4
Q
What are wants? Name 2
A
Extras that may make life more pleasant and comfortable e.g. Holidays, Televisions
5
Q
What factors affect a persons needs and wants?
A
- Age (child, teenager, adult, OAP).
- Circumstances (married/single, working/student, unemployed/part-time worker.
- Values (what is important to us, our priorities).
6
Q
What is a consumer?
A
Anyone who buys a good or service for their own use.