Critical Consumerism Vocab

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Across
  1. 4. the protection or promotion of the interests of consumers
  2. 7. terms: Terms that company's have that disclose private info along with legal details.
  3. 8. withdraw from commercial or social relations with (a country, organization, or person) as a punishment or protest:
  4. 9. the fraudulent practice of sending emails or other messages purporting to be from reputable companies in order to induce individuals to reveal personal information
  5. 12. advertising False advertising
  6. 14. When there is an error with a product and the manufacturer tries to regain the item to fix it to prevent poor reviews / damage.
  7. 15. media: websites and applications that enable users to create and share content or to participate in social networking.
  8. 16. the activity or profession of producing advertisements for commercial products or services
  9. 17. scheme A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of big profits
  10. 19. An endorsement may be a signature authorizing the legal transfer of a negotiable instrument between parties
Down
  1. 1. rating/reviews: a report about a product written by a customer on a commercial website to help people decide if they want to buy it
  2. 2. loyalty: Brand loyalty is a long-term commitment to make repeat purchases of a particular brand based on the perception of higher quality and better service than any competitor
  3. 3. placement: Product placement is a form of advertising in which branded goods and services are featured in a production that targets a large audience
  4. 5. marketing ads: Targeted advertising uses consumer data to direct advertisements to specific audiences based on their traits, interests, and preferences.
  5. 6. reports: Consumer Reports is an independent, nonprofit member organization that evaluates consumer products and services based on its own in-house testing, highly respected and doesn’t allow advertising
  6. 10. lending Predatory lending includes any unscrupulous practices carried out by lenders to entice, induce, mislead, and assist borrowers toward taking out loans they are unable to pay back reasonably.
  7. 11. a person with the ability to influence potential buyers of a product or service by promoting or recommending the items on social media:
  8. 13. appeal: The bandwagon effect is a psychological phenomenon in which people do something primarily because other people are doing it, regardless of their own beliefs
  9. 18. theft: The process of stealing somebodies' identity for your own benefit.