Chapter 7 Flashcards

1
Q

Consumerism

A

An economic theory that links prosperity to consumer demand for goods and services, that makes consumer behaviour central to economic decision making

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2
Q

Boycott

A

A decision by consumers to stop buying a product or device as a way to bring about change

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3
Q

What are the 5 factors that guide your behaviour as a consumer?

A
Identity 
Health and safety 
Jobs
Environment 
Marketing
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4
Q

Bandwagon Effect

A

Encourages you to buy a product or service because everyone else is.

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5
Q

Emotional Appeal

A

Uses strong emotional language that connects with your fears and desires.

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6
Q

Glittering generalities

A

Relates a product or service to words or images that promise everything, but deliver little or nothing.

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7
Q

Plain folks appeal

A

Related a product or service to the experience of ordinary folks

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8
Q

Testimonials

A

Uses celebrities or experts to speak for a product

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9
Q

Scientific appeal

A

Uses statistics or scientific data to persuade consumers to buy a product or service.

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