Consumer spending

Communication used by businesses to persuade consumers to buy a good or service.

• selling

• advertising

• product placement

• pricing

A decision made between two or more possibilities or alternatives.

• agreement

• clearance

• choice

• contract

People who buy goods and services to satisfy their wants.

• intermediary

• agent

• sellers

• consumers

Deciding among choices (alternatives or options.)

• decision-making

• shopping

• impulse buying

• sales

The amount of revenue that remains after a business pays the costs of producing a good or service.

• net loss

• sales price

• profit

• net price

Using some or all of your income to buy things you want now.

• broke

• spending

• zero based budget

• pay yourself first

The quantity of a good or service that buyers are willing and able to buy at all possible prices during a certain period of time.

• supply

• price index

• price point

• demand

Buyers and sellers coming together to exchange goods, services, and or resources.

• Market (marketplace)

• economic growth

• GDP

• Consumer price index

The amount of money determined by the interaction of buyers and sellers, that a buyer must pay to acquire a good, service or resource.

• buyers remorse

• instant gratification

• impulse buying

• price

A feeling of regret experienced after making a purchase, typically one regarded as unnecessary or extravagant.

• carpe diem

• opportunity cost

• buyers remorse

• thrift-store shopping