What is a consumer in an economic context?

semester test

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1.
FLASHCARD QUESTION
Front
Back
An individual who purchases goods and services for personal use or consumption.
2.
FLASHCARD QUESTION
Front
What is the main benefit of resisting impulse purchases?
Back
Making more rational choices
3.
FLASHCARD QUESTION
Front
What is an essential step in making informed consumer decisions? Options: a) Following popular trends, b) Making purchases based on emotions, c) Conducting research and comparing options, d) Buying the most expensive products
Back
Conducting research and comparing options
4.
FLASHCARD QUESTION
Front
Celebrating progress and accomplishments along the way helps to:
Back
Maintain motivation, Reinforce the value of efforts, Foster a sense of fulfillment.
5.
FLASHCARD QUESTION
Front
Setting priorities and achieving goals is a skill that can be:
Back
Cultivated and refined over time
6.
FLASHCARD QUESTION
Front
What should you do if an opportunity seems too good to be true?
Back
Research the opportunity thoroughly and be cautious before making a decision.
7.
FLASHCARD QUESTION
Front
What is the purpose of online profiling?
Back
To create detailed profiles of users' interests and behaviors for targeted advertising.
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