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Consumer p1

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puggy814's version from 2017-06-12 01:09

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Question Answer
a person or organization that buys/uses a good or servicesconsumer
the knowledge and skillset needed to be an informed consumer and manage finances effectivelyfinancial literacy
the grant of a loan and the creation of a debt credit
a debt which specifies the principal amount interest rate and date of repayment loan
an payment owed by 1 partydebt
a fee paid by a borrower to the lender for the use of borrowed moneyinterest
a system by which goods and services are produced and distributed economy
all the decisions and activities of a individual or there familyperson finance
learning the language of money is not important bcuz u will be able to depend on financial planners to manage your moneyfalse
what is not a reason credit is marketed so heavy to consumers in the usa?credit is not socially accepted in the usa
in the great depression new deal policys makers came up with morgage and consumers lending policies that convinced commercial banks thatconsumers credit could be profitable
when it comes to managing money, sucess is about _______% head knowledge and _______% behavior80,20
memorize

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