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How does information provided by the government infulence consumer decisions?
Wiki User
∙ 12y ago
If the information is reliable and current then it ifulences the consumer to make a decision based on the information provided
Wiki User
∙ 12y ago
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What term matches this description the government makes all of the decisions and consumer choices are given little attention?
A government that makes all of the decisions and consumer choices are given little attention is an authoritarian government. Communism is just one type of authoritarian government. This is a characteristic of communism, as opposed to capitalism. The drawback to the communist system of government, as usually applied, is that the consumer is subject to the decisions of the government, and therefore to the needs of the populace as a whole. This does not give the individual much control over the type of goods that he is provided. This is more precisely a command economy, which used to be practiced as "communism" in the Soviet Union.
How the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
A firm is dependent on which of these to help it make decisions about production?
consumer taste
An economist would tell you that prices are?
the result of millions of business and consumer decisions.
Which country would most decisions about what is going to be produced be made by the consumer?
The United States.
In a command economy which factor answers the question of what to produce?
government decisions
Where can one find information on consumer law?
Information on consumer law can be found on the specific country's government website for consumer law. It can also be found at the National Consumer Agency.
What term matches this description the government makes all of the decisions and consumer choices are given little attention?
A government that makes all of the decisions and consumer choices are given little attention is an authoritarian government. Communism is just one type of authoritarian government. This is a characteristic of communism, as opposed to capitalism. The drawback to the communist system of government, as usually applied, is that the consumer is subject to the decisions of the government, and therefore to the needs of the populace as a whole. This does not give the individual much control over the type of goods that he is provided. This is more precisely a command economy, which used to be practiced as "communism" in the Soviet Union.
What does not influence consumer decisions?
The GDP
How does information provided by the government influence consumer decision?
Consumers do not buy products revealed to be dangerous.
Consumer decision making model?
The consumer decision making model helps businesses determine how consumers make decisions. When managers understand this, they can use the information to increase the chances of consumers purchasing their products.
Where is it possible to find the contact information of Consumer Protection?
It is possible to find the contact information of Consumer Protection online at your state government website. The number is different for each state. For example, the number for Consumer Protection in South Dakota is (605) 773-4400.
How do technologies affect our economic decisions?
the consumer economic decisions can affect the price and supply of a commodity
Where can you obtain consumer rights advice in the United Kingdom?
The United Kingdom Government official website provides information and advice about consumer rights. The Adviceguide website also provides consumer rights advice.
How the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
Explain how the decisions you make as a consumer influence the economy.?
everyone as a consumer affects the economy on what they spent and how they spent
Explain how the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
