Defined:
Someone who uses a good or services to satisfy an economic want.
Example:
Your shoes or shirts that you're using mean you're a consumer, Doesn't have matter is your family bought it or you did because you're using them.
Essential Question:
Give an example of when YOU were a consumer.
How far are you in your understanding? I can:
1.0: Write a factual statement (not definition) concerning a consumer.
2.0: In your own words (not the teachers), define consumer.
3.0: When making a consumer decision, give a spending and a non-spending alternative.
4.0: Give 5 actions that would show that a consumer is not wise financially. Explain why for each.
Other Unit 1.1 Vocabulary: