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What is a consumer? A consumer is anyone who buys and uses goods or services - Junior Cycle Home Economics - Question 3 - 2007

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What is a consumer? A consumer is anyone who buys and uses goods or services. (b) (i) Explain the difference between needs and wants. Give examples in your answer.... show full transcript

Worked Solution & Example Answer:What is a consumer? A consumer is anyone who buys and uses goods or services - Junior Cycle Home Economics - Question 3 - 2007

Step 1

What is a consumer?

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Answer

A consumer is anyone who buys and uses goods or services.

Step 2

Explain the difference between needs and wants. Give examples in your answer.

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Answer

Needs are essential items required for survival, such as food and shelter. For instance, food is a need because it sustains life. In contrast, wants are non-essential items that enhance quality of life but are not necessary for survival. An example of a want could be a luxury item like jewellery.

Step 3

Name two factors that influence a consumer’s needs and wants.

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Answer

  1. Age: Younger consumers may have different wants compared to older consumers due to lifestyle changes.
  2. Location: Urban consumers may have access to more diverse goods than those in rural areas.

Step 4

Outline four consumer rights.

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Answer

  1. Right to choice: Consumers should have a wide variety of goods to choose from.
  2. Right to quality and value for money: Goods must meet acceptable standards and be fairly priced.
  3. Right to information: Consumers should receive accurate information about products.
  4. Right to safety: Products must not pose any harm to users.

Step 5

Outline four consumer responsibilities.

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Answer

  1. Be informed about goods and services: Consumers should educate themselves.
  2. Know their rights: Consumers must understand their rights under consumer law.
  3. Examine goods carefully: Consumers should check products before purchase.
  4. Follow instructions: Consumers should adhere to usage guidelines to avoid misuse.

Step 6

Name two consumer laws and explain how each protects the consumer.

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Answer

  1. The Consumer Information Act (1978): This law prohibits false or misleading claims about goods and services, ensuring consumers are not deceived.
  2. The Sale of Goods and Supply Act (1980): This law provides that goods must be of satisfactory quality and fit for the described purpose, offering protection against substandard products.

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