Unit 3 Terms- Econ.
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Consumer | any person or group that buys or uses goods and services to satisfy personal wants and needs
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| Disposable Income | = paycheck- taxes
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| Discretionary Income | = paycheck- taxes- bills/necessities
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| Competitive Advertising | tries to say that the product is different and superior than the other. These ads appeal to emotions.
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| Informative Advertising | gives information about a product
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| Bait and Switch; deceptive advertising | the ad tells you about a really low price for a product. You get there and the store sold out, or the salesman tries to sell you a higher priced product
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| Warranties | Promise made by the seller to repair or replace a product during a certain time period
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| Brand Name | word, picture, or logo on a product setting it apart from similar products
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| Generic Brands | general name for a product rather than a specific brand name
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| Consumerism | movement to educate buyers about the products they buy, and to demand better safer products
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To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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