The word "consumer" comes from the Latin word "consumere," which means "to consume." This verb is derived from the Proto-Indo-European verb *kem-, which means "to seize or take." The word "consumer" was first used in the early 14th century to refer to someone who buys goods or services. Today, the word is used to refer to anyone who uses goods or services, whether they are purchased or not.
The term "consumer" has a broad meaning and can refer to a wide range of people. However, there are some common characteristics that most consumers share. Consumers are typically individuals who are interested in purchasing goods or services that will meet their needs or wants. Consumers are also usually willing to pay for these goods or services.
The role of consumers in the economy is vital. Consumers are the driving force behind economic growth. When consumers spend money, they create demand for goods and services, which in turn creates jobs and stimulates economic activity.
Etymology Latin consumere to destroy use up exhaust Old French consumer consum
Etymology The word consumerism is derived from the Latin word consumere which means
The word consumer comes from the Latin word consumere which means to consume This
Etymology From Middle English producer c 1386 from Old French produiseur from Lati
Etymology Middle English produce from Anglo Norman produire from Latin producere to
The word consumer comes from the Latin word consumere which means to consume This
Etymology Niacin is derived from the chemical term nicotinic acid which was first ide
Etymology Throw Away Meaning To discard or get rid of something as useless or
Etymology Nylon is a portmanteau of NY for New York and lon from the chemical suffix
Etymology The word service originates from the Old French word servir derived from t
Etymology The term trope originates from the Greek word tropos which means turn o
Etymology The word porte comes from the French word porte which in turn comes from
Etymology From Middle French client from Latin cliens clientis from Proto Italic kle
Etymology The word ruse comes from the French word ruse meaning trick or stratage
Etymology Sure comes from the Old English word sīcur which meant carefree safe
Etymology The word customer originates from Old French costumer meaning one who buy