An economic theory that links prosperity to consumer demand for goods and services, and that makes consumer behaviour central to economic decision making.
What is consumerism ?
100
Measures the amount of wealth a country's economy generates.
What is GDP ?
100
A decision by consumers to stop buying a product or service as a way to bring about change.
What is boycott ?
100
Money made from a product or service above and beyond the cost of providing the product or service.
What is a profit?
100
An open-pit copper mine said to be the largest human-made hole on Earth. This mine has remained open, despite its negative environmental impact. This mine is located in this city.
What is Salt Lake City?
200
The type of law that Canada and the U.S. are required to list ingredients on food and cosmetics.
What is product labelling laws?
200
The amount, in percentage, that consumer spending accounts for economic activity.
What is 70%.
200
Encourages you to buy a product or service because everyone else is.
What is Bandwagon effect?
200
Uses statistics or data to persuade consumers to buy a product or service?
What is Scientific appeal?
200
Relates a product or service to the experience of ordinary people.
What is plain folks appeal?
300
Uses celebrities or experts to speak for a product.
What is testimonials?
300
Uses strong descriptive language that connects with your fears and desires.
What is emotional appeal?
300
The 5 factors that affect consumer behaviour.
What are identity, health and safety, jobs, environment and marketing?
300
When producers started providing eco-friendly products.
What is environmental awareness?
300
Cigarette warnings, food and beverage labelling and cosmetic labelling are all examples of this.
What is Health and Safety legislation?
400
Someone who is part of a group and follows current trends.
What is a conformist?
400
This term means "average per person".
What is per capita?
400
3 examples of items that must meet labelling and performance requirements.
What are car seats, children's sleepwear, cribs, strollers, toys, hockey helmets and face protectors and playpens?
400
The world considers Canada and the U.S.A. these types of countries.
What are "developed countries"?
400
This word defines how well off people are which in turn affects how much they spend as consumers.
What is prosperity.
500
In 1837, this group of "Canadiens", led by Louis-Joseph Papineau, organized to boycott goods from this colony living in Lower Canada.
What is the British colony?
500
Generally, these 2 types of foods contain higher levels of trans fats, and salt and sugar for that matter. Luckily, new health regulations have been put in place to reduce their amounts in foods.
What packaged and processed foods?
500
When someone writes a letter to the editor or tries to educate others and spreads the word around about issues regarding the questionnable practice of certain companies they are doing this type of campaign.
What is public awareness campaign?
500
Consumer spending plays an important role in these 2 types of economies.
What are market and mixed economies?
500
In both Canada and the United States, the government gives tax breaks and other measures to encourage this.