Definition
A 'consumer' is a person who purchases goods or services for personal use. Consumers are the driving force behind the economy, as their spending fuels production and innovation. Understanding consumer behavior is crucial for businesses to succeed. Consumers have rights and protections, such as the right to safety, information, and redress. Being a responsible consumer involves making informed choices and being aware of your impact. Think of it as participating in the economic ecosystem. ποΈ