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Sts Reviewer (Lesson 8)
Sts Reviewer (Lesson 8)
QUESTIONING CONSUMPTION
Consumption - the satisfaction of our wants by the use of commodities and services; destruction of
utility
Types of Consumption
● Direct - it happens when an individual satisfies himself upon buying and using a certain product
● Productive - Buying goods to be used in producing other goods.
● Wasteful - Buying things that do not give satisfaction to a person
● Harmful – satisfaction which are harmful and can endanger their health.
1. Income
2. Occasion
3. Advertisements
4. Prices
5. Values
6. Seasons
7. Imitation/Bandwagon Effect
William McDonough