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The VALS Framework,__________ Groups Are Consumers Motivated by Physical Activity,variety,and

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the VALS framework,__________ groups are consumers motivated by physical activity,variety,and risk.


Definitions:

Product Market

The marketplace where final goods or services are traded, allowing businesses to sell their products directly to consumers or users.

Labor Market

The supply and demand for labor, where employers seek to hire workers and workers seek employment, influencing wages and employment levels.

Product Market

A commercial space where end products or services are presented to individuals, companies, and government entities.

Labor Market

The supply of available workers in relation to available employment.

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