Define Ethical Consumerism, and Provide Three Examples

question 25

Essay

Define ethical consumerism, and provide three examples.

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Definitions:

Intermediaries

Entities that act as middlemen in transactions, facilitating trade between buyers and sellers without owning the product.

Index Funds

Index funds are investment funds that replicate the portfolio of a specific index, aiming to achieve similar returns to the index they track.

Credit Risk

The potential for loss due to a borrower's failure to make payments on any type of debt.

Tax Treatment

The specific way tax laws apply to particular transactions or classes of income in a financial context.