person or group of people that are the final users of products and or services; one who pays something to consume goods and services produced From Wikipedia, the free encyclopedia
In economics, a consumer is a person or organization that uses services, goods, or commodities.[1]
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.
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.