What is a consumer?
A consumer is anyone who buys and uses goods or services - Junior Cycle Home Economics - Question 3 - 2007
Question 3
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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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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Age: Younger consumers may have different wants compared to older consumers due to lifestyle changes.
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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Right to choice: Consumers should have a wide variety of goods to choose from.
Right to quality and value for money: Goods must meet acceptable standards and be fairly priced.
Right to information: Consumers should receive accurate information about products.
Right to safety: Products must not pose any harm to users.
Step 5
Outline four consumer responsibilities.
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Be informed about goods and services: Consumers should educate themselves.
Know their rights: Consumers must understand their rights under consumer law.
Examine goods carefully: Consumers should check products before purchase.
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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The Consumer Information Act (1978): This law prohibits false or misleading claims about goods and services, ensuring consumers are not deceived.
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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