Consumer economy: Difference between revisions
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The '''consumer economy''' is |
The '''consumer economy''' is an [[Economic system|economy]] largely dependent on end [[consumers]] rather than intermediary [[businesses]] (i.e., companies which produce things). <ref>[http://student.education2020.com/activities/vocab.aspx?keystr=11899&order=08060205&stbl=1368449 Education 2020 Homeschool Console, section Vocabluarly of Unit on "Economic Boom of the 1920s"], quote: ''"CONSUMER ECONOMY: Definition: An economy that depends on a large amount of spending by comsumers. Usage: From the 1920s to present, the United States has had a consumer economy, one in which people consistantly contribute significant amounts of money to the national economy.'' - school login required, accessed 12:21 PM, December 1st, 2009.</ref> |
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== References == |
== References == |
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Revision as of 20:08, 1 December 2009
The consumer economy is an economy largely dependent on end consumers rather than intermediary businesses (i.e., companies which produce things). [1]
References
- ^ Education 2020 Homeschool Console, section Vocabluarly of Unit on "Economic Boom of the 1920s", quote: "CONSUMER ECONOMY: Definition: An economy that depends on a large amount of spending by comsumers. Usage: From the 1920s to present, the United States has had a consumer economy, one in which people consistantly contribute significant amounts of money to the national economy. - school login required, accessed 12:21 PM, December 1st, 2009.
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