Chapter 12 - Consumers Flashcards

1
Q

What is a good? Name 2.

A

Products consumers buy every day. Food, Clothes.

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2
Q

What are state services? Name 2

A

Services paid for by taxation e.g. Gardaí and Roads

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3
Q

What is a need? Name 2

A

Goods and services we need to survive e.g. Food, Shelter

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4
Q

What are wants? Name 2

A

Extras that may make life more pleasant and comfortable e.g. Holidays, Televisions

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5
Q

What factors affect a persons needs and wants?

A
  1. Age (child, teenager, adult, OAP).
  2. Circumstances (married/single, working/student, unemployed/part-time worker.
  3. Values (what is important to us, our priorities).
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6
Q

What is a consumer?

A

Anyone who buys a good or service for their own use.

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