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Economics & Business

this is about what the name is :D

QuestionAnswer
Goods Physical, produced objects that can be bought and touched
Services Jobs or people who help you in all sorts of ways
Needs Physical or other things that are essential for survival
Wants Things that you do not need for survival, but you would prefer them
Redress A remedy or setting something right
Refund Give someone back an amount of money or an item, especially because it might be faulty
Receipt A printed, or sometimes written, statement that shows that you have received goods or money
Consumer Rights A right to basic needs, right to safety, right to information, right to choose, right to redress
Consumer Responsibilities Not buying illegal things
The Difference Between Wants And Need Needs are essential and wants are not
Scarcity When something is rare, valuable or there is not much of the item
The Difference Between Redress and Refund Refund is redress is a remedy of anything and a refund is when something is faulty and you don't want it anymore
Created by: chunkymunky
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