Consumer

Rights:
– The right to safety protects against hazardous goods.
– The right to be informed guards against deceitful information.
– The right to choose ensures access to various products at fair prices.
– The right to seek redressal allows compensation for damages.
– The right to represent in consumer courts is granted.

Economics and marketing:
– Consumers buy goods/services for personal use, driving the economy.
– Consumer demand motivates producers to create goods.
– Personalized marketing and mass customization target consumers.
– Prosumers are consumers who also produce content.
– The Internet has led to a shift towards prosumer behavior.

Law and politics:
– Consumer protection laws focus on safeguarding living persons.
– Protecting consumers aims to address market failures.
– Consumer protection has political significance due to voter-consumer overlap.
– Consumer activism advocates for better products/services.
– Consumer education is integrated into school curricula.

Role in society:
– Consumers play a pivotal role in the capitalist economic system.
– They are essential for producers to sell goods and services.
– Consumers influence product creation through customization and crowdfunding.
– Prosumers actively participate in the production process.
– Consumer culture is central to the economy.

Consumer protection:
– The law defines consumers as individuals, excluding corporations.
– Protection laws aim to address inequalities between consumers and businesses.
– Consumer protection has political importance due to voter-consumer overlap.
– Consumer activism advocates for better products/services.
– Consumer education is integrated into school curricula.

Consumer (Wikipedia)

A consumer is a person or a group who intends to order, or use purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use.

Consumer
Consumer (Wiktionary)

English

Etymology

consume +‎ -er

Pronunciation

  • (Received Pronunciation) IPA(key): /kənˈsjuːmə/, /kənˈʃuːmə/
  • (General American, Canada) IPA(key): /kənˈsumɚ/
  • (General Australian) IPA(key): /kənˈsjʉːmə/
  • Hyphenation: con‧su‧mer
  • Rhymes: -uːmə(ɹ)

Noun

consumer (plural consumers)

  1. One who, or that which, consumes.