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.
If the information is reliable and current then it ifulences the consumer to make a decision based on the information provided
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.
dont know, anyone out there know, a detailed description of what consumer inertia is
The type of system where the government makes no economic decisions is known as a free-market economy. In this system, economic decisions are driven by individual choices and market forces, such as supply and demand. Businesses and consumers operate with minimal government intervention, allowing for competition and innovation. This approach promotes efficiency and consumer choice but can also lead to inequalities and market failures.
everyone as a consumer affects the economy on what they spent and how they spent
government decisions
If the information is reliable and current then it ifulences the consumer to make a decision based on the information provided
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.
The GDP
dont know, anyone out there know, a detailed description of what consumer inertia is
The type of system where the government makes no economic decisions is known as a free-market economy. In this system, economic decisions are driven by individual choices and market forces, such as supply and demand. Businesses and consumers operate with minimal government intervention, allowing for competition and innovation. This approach promotes efficiency and consumer choice but can also lead to inequalities and market failures.
everyone as a consumer affects the economy on what they spent and how they spent
the consumer economic decisions can affect the price and supply of a commodity
A consumer need is something that is necessary for a person's survival. Note: A want is not a need.
everyone as a consumer affects the economy on what they spent and how they spent
everyone as a consumer affects the economy on what they spent and how they spent
There are seven models of e commerce they are 1) Business to Business (B2B) 2) Business to Consumer(B2C) 3) Consumer to Consumer (C2C) 4) Consumer to business (C2B) 5) Business to government(B2G) 6) Government to citizen ( G2C) 7) Government to Business (G2B)