End Of Term Flashcards
Types of family in the Caribbean
Nuclear family
Single parent family
Extended family
Blended family
What is family
Family is like your core support system made up of parents siblings and sometimes extended family like grandparents
Role of the mother in a family
providing love, care, and nurturing to her children. She often takes on the responsibility of managing the household
Role of the father in a family
provides guidance, protection, and support to his children.
a provider, teaching important life lessons, and being a role model for his children.
Who is a consumer
Anyone who uses economic goods and services for the satisfaction of wants and needs
What is credit
A form of trust established between two parties allowing goods and services or money to be obtained now in exchange for a promise to pay in the future
What is a guarantee
A promise made by the seller that the product is of the best quality
What is a warranty
It’s like a promise that if something goes wrong with what you bought, the company will fix it or give you a new one within a certain time.
What is cooperative shopping
A group of persons coming together to do a large scale shopping
What is comparative shopping
The process of comparing products or services in order to find the best buy
What is bulk shopping
Buying in quantity
Impulsive buying
Buying products on the spur of the moment without advance planning
What is a green consumer
A consumer who buys things that have been produced in a way that protects the natural environment
Consumer protection agencies
Consumer affair division
Bureau of standards
Weight and measurement divisions
What is goods
Goods are things that you can buy or use, like clothes, food, or toys.
