1.7 Rights and Responsibilities of a Consumer
Learning Intentions
By the end of this section you should be able to do the following
1.Define the term consumer
2.Identify the difference between goods and services
3. Describe how to be a wise consumer
4. Outline the right and responsibilities of a consumer
Videos
Key Terms
Here are some key terms form this learning outcome
Consumer - This is someone who buys a good or service for their own use
Good - This is something that you buy you can touch and see it
Service - This is something that is done for you
Needs - This is something that we can’t live without. We need it to survive
Want - This is something that we would like to have but don’t need it to survive