Test review
Across
- 2. economy / Exchanges are controlled by marketplace forces of demand and supply rather than by outside forces such as government control.
- 4. / process of negotiating to resolve differences, an attempt to bring about a peaceful settlement or compromise between the consumer and the business through intervention of a third party
- 8. / takes care of the Federal crop insurance program which provides U.S. farmers and agricultural entities with crop insurance protection; Federal Crop Insurance Commission
- 10. / Federal Trade Commission; promotion of consumer protection and the elimination and prevention of anticompetitive business practices, such as coercive monopoly.
- 11. / an idea or invention into a good or service that creates value
- 12. mix / refers to the combination of media vehicles, nontraditional media, and marketing communication tools whose mission is to reach a targeted audience.
- 16. / a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
- 17. advertising / a manufacturer's use of confusing, misleading, or blatantly untrue statements when promoting a product.
- 20. warranties / not written but are inherently understood in the transaction
Down
- 1. Wiley / father of modern consumer movement
- 3. / Is a period of prosperity, growth, higher output, low unemployment, and increased retail sales and housing starts.
- 5. / regulates interstate and international communications by radio, television, wire, satellite, and cable; Federal Communications commission
- 6. / concerned for the environment
- 7. effect / means that if something is given to them as a gift they are likely to value it higher than it
- 9. theft / the fraudulent acquisition and use of a person's private identifying information, usually for financial gain.
- 10. / protecting the public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices; and by ensuring the safety of our nation's food supply, cosmetics, and products that emit radiation; Federal Drug Administration
- 11. consumption / Happens when individuals or families make consumption decisions that will have negative consequences, affecting their quality of life in the long run
- 13. of Living / Happens when individuals or families make consumption decisions that will have negative consequences, affecting their quality of life in the long run
- 14. of trustees / an appointed or elective board that supervises the affairs of a public or private organization
- 15. well-being / having present and future financial well being.
- 18. / materials that satisfy human wants and provide utility
- 19. development index / Puts a number on well-being by combining several measures of human well-being.