Being a Smart Consumer

Who is a consumer?

• A person who buys goods and services.
• A smart shopper
• A person who makes and sells goods and services.
• Someone who spends money constantly. 

The Right to be protected against products, processes and services which are hazardous

• Right to Choose
• Right to be Informed
• Right to Safety
• Right to be Heard

The Right to be able to select from a range of products and services 

• Right to Redress
• Right to be Informed
• Right to Safety
• Right to Choose

The Right to receive a fair settlement for poor goods or services

• Right to Redress
• Right to be Heard
• Right to Consumer Education
• Right to Choose

Right to have consumer interests represented in government

• Right to Redress
• Right to Choose
• Right to Safety
• Right to be Heard

The right to be given the facts needed to make an informed choice

• Right to Choose
• Right to Redress
• Right to be Informed
• Right to be Heard

Whatever is left over after taxes have been deducted:

• disposable income

• gross income

An expense that only occurs because you are choosing to spend money like eating out or buying clothes is a(n) ___________ expense.

• fixed
• discretionary
• variable
• intermittent

Getting information on the types and prices of products available from different stores and companies.

• Comparison Shopping

• Informative Advertising

• Competitive Advertising

• Rational Choice

General name for a product rather than a specific brand name given by the manufacturer.

• Generic Brand

• Disposable Income

• Consumer

• Discretionary Income