​Consumerism Is Defined as a Social Force Within the Marketing

question 118

Multiple Choice

​Consumerism is defined as a social force within the marketing environment that aids and protects the consumer by exerting legal,moral,and economic pressures on business and government.The conceptual framework for consumer rights include all of the following except:

• A)​The right to be safe
• B)​The right to choose freely
• C)​The right to be informed
• D)​The right to fair pricing
• E)​The right to be heard

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Definitions:

Federal Budget Deficits

Occurs when a government's total expenditures exceed the revenue that it generates, excluding debt from previous years.

Discretionary Fiscal Policy

Discretionary fiscal policy involves government actions to influence economic activity through changes in taxation and spending policies, distinct from automatic fiscal stabilizers.

GDP

Gross Domestic Product represents the total value, in monetary terms, of all finished goods and services made within a country's boundaries over a defined period.

Unemployment Benefits

Financial payments given to individuals who have lost their jobs, intended to provide a source of income while they search for new employment.