why do consumers need to make good choices?

Question

i need to write a one page essay on why consumers need to make good choices.. and im hella lost. can anyone help me?

Answer 1

Well what's the alternative, to make some bad ones? who would purposely do that?

Answer 2

1) Limited resources not well spent lead to unecessary want. All consumers have limited resources; but the number of things to buy is much less limited than the $$ consumers have to spend.

2) Credit cards foster the culture of buy-now-pay -ater - a harmful mentality that leads to empty bank accounts & high interest payments. AVOID CREDIT CARDS!

3)Advertising is fundamentally deceptive & not in the interest of the consumer. It is up to the consumer to see through or ignore the ads & act with intelligence & good sense about their own situation, which only they know. The advertiser cares nothing for consumers, only for increasing sales.

4) Saving is the foundation of our personal financial life; it's how we can plan for the future. Buying what we don't need, or buying too much, or buying the wrong thing leads to interference with our plans for college/marriage/retirement/buying a house/taking a trip.

So, what do you think? Can you think of personal examples where any or all of the above may apply in your family?

Good Luck!

;-)

Answer 3

If consumers consistently made bad choices the manufacturers would not even bother making quality merchandise. What would be the point when they can make something inferior, cheap and consumers buy it any way. Poor choice

Answer 4

Who says consumers have to make good choices? Our entire industry is based on consumers making bad choices. Bad choises about what they eat, drink, spend money on. If consumers all made good choises, the economy would suffer.

Answer 5

If it become approximately giving the buyer a decision they might have made it the place agencies could compete for the time of state lines and gave the buyer thousands of innovations. this might have unfolded opposition between coverage companies the place they might could compete to grant better coverage at better fees. With the ordinary public decision there is in easy terms one extra competitor and that competitor gets to make each and all of the guidelines, does no longer could make a earnings to stay in employer, they simply get on your pocket to get the funds they lose. the enterprise working the recent decision has a poor background at working wellness care, or the different application for that count. Medicare broke, some docs won't settle for medicare with the aid of fact the government does no longer pay as lots for his or her centers as inner maximum coverage. Medicaid, broke. VA, broke and damaging high quality care while in comparison with the indoors maximum sector. Medicare additionally denies extra claims than inner maximum coverage companies and takes longer to answer claims. that is not conservatives which attempt to alter this super u . s . to make it seem purely like international places human beings have left for hundreds of years again to the land of the unfastened. we adore u . s ., think of its better than the international places the left factors to and says we could be extra like them.

Answer 6

How about, because people(as a society) tend to follow trends.

Answer 7

It is my money - so I spend it on the best I can buy.
Not the most expensive - but the best for my buck ($).

Answer 8

so they wont get ripped off