Factors of Production
What are the three factors of production?
This factor of consumerism tries to convince people they need to purchase certain goods or services
Marketing
This type of economy is left of center
Command/Planned
Using a celebrity in a commercial is an example of which advertising technique
testimonial
Labour
This factor of consumerism might convince someone to buy a hybrid car
Environment
What kind of economy does Canada have?
Mixed Economy
Using facts and data to sell a product is called
Scientific Appeal
Capital
An example of this factor of consumerism is choosing Subway over McDonalds
Health and Safety
Shifting right of center implies having _________ government control in the economy
less
Showcasing women of all shapes and sizes in a Dove advertisement is an example of ________
Plain Folks Appeal
The money that people own or borrow which is used to produce goods and services
Capital
When you buy a product, you are basically paying for someone to build that product or provide that service. Which factor of consumerism is this?
Jobs
The United States is an example of a ___________ economy.
Market
Buying something because everyone else has it is the result of
Bandwagon Effect
In regards to factors of production, air is considered to be __________.
Land
This factor of consumerism takes into account an individuals personal views and values.
Identity
This economic system values competition, capitalism, and consumerism
Market economy
Using feelings and emotions to get people to buy products is and example of
Emotional appeal