Consumer Affairs Vocabulary

These are goods/services that we do not need in order to survive _______________

The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future ______________

These are things that are made to be sold __________

A person who buys goods or services in order to satisfy needs and wants ____________

A transaction in which no physical product is transferred from the seller to the buyer. It cannot be touched _____________

These are things that the consumer must have in order to survive for example food, shelter and clothing ___________

The personal spending of individuals and families that involves the selection, usage and disposal or reuse of goods and services ________________

A financial plan showing an estimate of income and expenditure or spending for a set period of time ___________

Money that a person or a business receives in return for working, providing a product or service, or investing capital _______________

The growing interdependence of the world's economies, cultures, and populations _____________