Chapter 7 Flashcards
Consumerism
An economic theory that links prosperity to consumer demand for goods and services, and that makes consumer behaviour central to economic decision making
Identity
Who you are, what you believe in and value that influences your decision as a consumer
Health and safety
Some governments in Canada banned some products and made them unavailable to consumers to protect our _______.
Jobs
When you buy a product you are keeping a chain of people employed
Environment
Your choices as a consumer also affect the air, water and land that you share with everybody.
Marketing
Influences consumers by advertising products and services
Boycott
A decision by consumers to stop buying a product or service as a way to bring about change