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What role do businesses and consumers play in a consumer economy?
Wiki User
∙ 11y ago
They both can make or break the economy. Great business that adds value for consumers will be appreciated and so does the economy grows.
Shane | URLdreamer.com Consultant |
Wiki User
∙ 11y ago
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Which best describes the role that workers play in the economy?
Workers play both as consumers and producers.
What role does the consumer play in a free enterprise economy?
a consumerism play very important role in our economy. he create a demand for consumer good , and if he demand then only the goods will produced by producer or business man ,and we know very well that aggregate demand and supply is one of the important part of our economy ,so consumerism play very important role in economy.
What role does business play in your society?
it helps circulate money and the economy, based on the occupation you have, it can help people and businesses in certain ways.
What role do consumers play in the economy?
1. Consume: buy products and services 2. Paying taxes 3. Renting 4. Loans
What role should consumerism play in our economy?
It should lead to consumer protection against any form of malpractice by providers of goods and services.
Which best describes the role that workers play in the economy?
Workers play both as consumers and producers.
What role do consumer play in maintaining the ecosystem?
The green plants are eaten by the consumers. Without the consumers, there would be too many plants...
What role does the consumer play in a free enterprise economy?
a consumerism play very important role in our economy. he create a demand for consumer good , and if he demand then only the goods will produced by producer or business man ,and we know very well that aggregate demand and supply is one of the important part of our economy ,so consumerism play very important role in economy.
What role does humans play in a food chain?
Human is the final consumer. The great Creator made the world to be our.
What part do retailers play in the supply chain?
The part retailers play in the supply chain is selling products to consumers. The retailer is the middle man between the manufacturer and the consumer of the product.
What role does business play in your society?
it helps circulate money and the economy, based on the occupation you have, it can help people and businesses in certain ways.
Role of producers in consumer awareness?
Producers play an important role in consumer awareness. They should make information about their product readily available to consumers so that people know what they're buying and what a product's brand is about.
What role do consumers play in the economy?
1. Consume: buy products and services 2. Paying taxes 3. Renting 4. Loans
What role should consumerism play in our economy?
It should lead to consumer protection against any form of malpractice by providers of goods and services.
How does an economy play a large role in the form of government a nation in use?
Economies can be completely controlled to entirely benefit the government, such as communism or dictatorships. Or the economy can be free will, like capitalism, which will prosper the people and businesses
What role do people play in the economy?
The primary participants in the circular flow of goods and services are businesses and households. Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same--
What can you say about consumer behavior?
Consumer behavior varies from person to person. On an average, consumers are aggrieved when the products purchased are not up to their expectation and/or the after sales services are not up to the mark. Apart from monetary consideration, mental effect is also there to play a part in consumer behavior. There are a type of consumers who are always allured by a product packed in attractive package,some consumers tend for cheaper price, even compromising the quality of the product. The high clientele consumers do not bother to pay higher price,and ignore attractive offerings associated with the product.The reputed Cos. always stick to the quality aspect and try to satisfy the consumers by their after sales services.
