Consumer

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

Consumer
Consumers buying fruit in Nanjing, China

Economics and marketing

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

Tags:

CommodityEconomicsGood (economics)Service (economics)

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