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Tanner chapter 6

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
consumer market   market consisting of all people who make purchases for personal use  
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whoopies   50 plus market  
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baby boomers   76 billion babies born between the years 1946-1964  
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generation x   after 1964, the birth rate declined for years  
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baby boomlet   when the baby boomers started having children  
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disposable income   the money left after taxes is taken out  
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discretionary income   the money left over after paying basic living expenses  
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family life cycle   the evolution of a family from the young single adult stage to retirement  
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industrial market   "business to business marketing"  
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derived demand   the demand for consumer goods and services  
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wholesalers   they obtain goods from manufacturers and resell them to industrial users, other wholesalers and retailers  
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retailers   buy goods from wholesalers or directly from manufacturers and resell them to the consumer  
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