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Are people consumers or producers

Updated: 9/15/2023
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8y ago

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In terms of economics, people are both consumers and producers. People involved in business are producers because they produce objects that other people consume. Everyone is a consumer because we all buy items from stores and use them.

In terms of Biology, people are consumers because we do not make our own food internally. We have to consume other things to make energy.

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Norberto Hirthe

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1y ago
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8y ago

People are both producers and consumers. A producer is the person who sells the product or makes the product. A consumer is the person who buys the product and uses it. So we are both. There are mostly consumers in the world. [It depends if you mean this in the biological sense or the economic sense.

Biologically we are consumers; we cannot grow food from ourselves; we scavenge/hunt or do whatever we need to do to find food to CONSUME.

In the economic sense, we are both. We can PRODUCE goods and services to sell in the market as well as CONSUME those very same goods and services. This is the basic tenet of capitalism.]

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13y ago

In terms of economics, people are both consumers and producers. People involved in business are producers because they produce objects that other people consume. Everyone is a consumer because we all buy items from stores and use them.

In terms of Biology, people are consumers because we do not make our own food internally. We have to consume other things to make energy.

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12y ago

i think we are both

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