• A consumer economy describes an economy driven by consumer spending as a high percent of its gross domestic product (GDP), as opposed to other major components...
    13 KB (1,483 words) - 09:00, 26 July 2024
  • expenditure (HFCE) which represents consumer spending in nominal terms. A large (and especially larger than the whole economy (100% GDP)) percentage typically...
    23 KB (155 words) - 23:47, 23 September 2024
  • Thumbnail for Consumer
    Thus, the Act has enabled us as consumers to have the right to represent in the consumer courts. In an economy, a consumer buys goods or services primarily...
    11 KB (1,102 words) - 03:31, 28 July 2024
  • Thumbnail for Home economics
    family and consumer sciences (often shortened to FCS or FACS), is a subject concerning human development, personal and family finances, consumer issues,...
    53 KB (5,580 words) - 06:45, 14 August 2024
  • Thumbnail for Consumerism
    organization of a society. Consumerism has been criticized by both individuals who choose other ways of participating in the economy (i.e. choosing simple...
    56 KB (6,709 words) - 04:18, 6 October 2024
  • Consumer confidence is an economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their...
    21 KB (2,676 words) - 07:25, 11 August 2023
  • Thumbnail for Fast-moving consumer goods
    towns. FMCGs play a large part in the economy, as they are inelastic products that touch every part of consumer life. Businesses that supply FMCGs to...
    8 KB (787 words) - 12:30, 25 September 2024
  • had to impact the global economy, to be France, China and India in national exports. Capitalism Commercialism Consumer economy Conspicuous consumption...
    12 KB (1,650 words) - 14:51, 11 December 2023
  • Thumbnail for Economy
    In the economies of modern consumer societies phase there is a growing part played by services, finance, and technology—the knowledge economy. In modern...
    36 KB (3,651 words) - 15:46, 7 August 2024
  • confident people feel about the economy and their jobs and incomes, the more likely they are to make purchases. Declining consumer confidence is a sign of slowing...
    12 KB (1,558 words) - 15:01, 23 August 2024
  • Thumbnail for Consumer spending
    the adjustment of the economy. Tax policies designed by governments affect consumer groups, net consumer spending and consumer confidence. Economists...
    6 KB (681 words) - 13:10, 30 October 2023
  • Thumbnail for Market economy
    A market economy is an economic system in which the decisions regarding investment, production, and distribution to the consumers are guided by the price...
    55 KB (6,522 words) - 17:16, 28 September 2024
  • from the original producers to the final consumers within local, regional, national or international economies. The diversity in the distribution of natural...
    18 KB (1,865 words) - 12:03, 4 September 2024
  • Thumbnail for Credit
    Credit (redirect from Consumer Credit)
    (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended...
    15 KB (1,742 words) - 19:31, 1 October 2024
  • Thumbnail for Vikram Pandit
    complex financial puzzle, titled "Asset prices in a heterogeneous consumer economy." During his early professional years, he taught economics at Columbia...
    27 KB (2,273 words) - 06:37, 4 October 2024
  • Thumbnail for Economy of the Soviet Union
    planning. The Soviet economy was characterized by state control of investment, prices, a dependence on natural resources, lack of consumer goods, little foreign...
    74 KB (8,185 words) - 06:34, 14 August 2024
  • Thumbnail for Economy of China
    The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year...
    283 KB (25,768 words) - 11:47, 5 October 2024
  • Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace. Consumer...
    26 KB (3,025 words) - 17:50, 2 September 2024
  • in output than market economies during the same period. Critics of planned economies argue that planners cannot detect consumer preferences, shortages...
    53 KB (5,907 words) - 22:38, 1 October 2024
  • Thumbnail for Experience economy
    Gilmore describing the next economy following the agrarian economy, the industrial economy, and the most recent service economy. Joseph Pine II and James...
    10 KB (1,178 words) - 17:42, 23 March 2024
  • increasingly prevalent, as consumer products are embedded with digital services and devices. According to the WEF, 70% of the global economy will be made up of...
    67 KB (7,728 words) - 22:09, 6 September 2024
  • Thumbnail for Consumer culture
    capitalist economy of the United States. During the 20th century, market goods came to dominate American life, and for the first time in history, consumerism had...
    8 KB (1,037 words) - 20:18, 9 September 2024
  • The consumer movement is an effort to promote consumer protection through an organized social movement, which is in many places led by consumer organizations...
    33 KB (4,085 words) - 06:05, 25 August 2024
  • Thumbnail for Economic system
    decision-making between the production of capital goods and consumer goods in the economy in the face of scarce resources. In this regard, the critical...
    34 KB (4,235 words) - 21:54, 17 September 2024
  • Thumbnail for Consumer price index
    A consumer price index (CPI) is a price index, the price of a weighted average market basket of consumer goods and services purchased by households. Changes...
    42 KB (5,638 words) - 15:09, 31 August 2024
  • Thumbnail for Tertiary sector of the economy
    The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also...
    8 KB (910 words) - 13:58, 16 July 2024
  • Thumbnail for Consumer choice
    The theory of consumer choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves. It analyzes...
    45 KB (6,467 words) - 01:33, 23 September 2024
  • Thumbnail for Consumer goods in the Soviet Union
    Consumer goods in the Soviet Union were usually produced by a two-category industry. Group A was "heavy industry", which included all goods that serve...
    10 KB (1,397 words) - 18:36, 19 April 2024
  • the basket of consumer goods used to define the Consumer Price Index (CPI). It is a sample of goods and services, offered at the consumer market. In the...
    5 KB (656 words) - 11:23, 25 June 2024
  • exchange economy. Assuming that each consumer has a certain amount of initial resources (endowment) that can be used for exchange, and every consumer has their...
    4 KB (495 words) - 21:13, 7 March 2024