Consumer

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Consumers buying fruit in Nanjing, China

In economics, a consumer is a person or organization that uses services, goods, or commodities.[1]

Economics and marketing[change | change source]

A consumer is a person that buys a good for consumption. They don't buy goods to sell them again. The consumer is a person who pays money needed to buy goods and services produced. Consumers are important in the economic system of a country. Without consumer demand, producers don't have a reason to produce. A producer's main reason to produce is to sell things to consumers. The consumer is also part of the chain of distribution.

References[change | change source]

  1. "Consumer - Define Consumer at Dictionary.com". Dictionary.com.