Chapter 7 Flashcards

(42 cards)

1
Q

Consumerism

A

Economic theory:

More people buy, better it is for economy

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2
Q

F —> consumer behaviour

A
Identity
Health and safety 
Environment
Marketing
Jobs
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3
Q

F —> consumer choices

A

Cost
Conformity
Beliefs and values

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4
Q

Schools/junk food

A
  • too tempting for children
  • meant to provide role-modelling and education
  • teach health then contradict
  • want to ban
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5
Q

Product-labelling laws

A

In Canada and US

Requiring ingredient list for foods and cosmetics

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6
Q

Airbags and seatbelts/CAD + US

A
Seatbelts yes (2007 CAD)
Airbags only US
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7
Q

2004

A

CAD established task force to investigate trans fat issue

Asked companies to voluntarily reduce

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8
Q

CAD consumer spending 2006

A

400 billion on products and services

Consumer spending accounted for 70% economic activity

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9
Q

Tax breaks + other measures

A

Encourage consumer spending to keep economies growing

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10
Q

Packaging accounts for … of waste

-||- of plastic produced

A

33.3%

25%

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11
Q

Formaldehyde, phenol, xylene

A

Toxins emitted fork manufacturing

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12
Q

CAD and Us regulate

A

A,o7tn fo toxins industries can release into atmosphere

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13
Q

Open-pit copper mine

Largest human-made hole on earth

A

Kennecott mine, Salt Lake City

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14
Q

Mine representing

A

Decision making about how to use scarce resources

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15
Q

Leah gasoline

A

Banned in US and CAD

Negative effects on human health

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16
Q

Energy-efficient options

A

Gov programs label appliances

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17
Q

5 ad techniques

A
Bandwagon effect
Emotional appeal
Glittering generalities 
Plain folks appeal 
Testimonials 
Scientific appeal
18
Q

Encourages buying of product or service cuz everyone else

19
Q

Strong emotional language connecting with fears and desires

20
Q

Relates product product or service to words or images promising everything but delivering little or nun

21
Q

Relates product or services to experience of ordinary folks

22
Q

Celebrities or experts to speak for

23
Q

Statistics or scientific data to persuade

24
Q

Canada Comp Act

A
  • no fixing prices
  • uphold comp
  • fair business practices ensured
  • can’t make misleading false claims
  • consumer choice and options/variety
25
Boycott
Decision by consumers to stop buying product service to bring about change
26
Ban vs boycott
- selling forbidden under law | - buying stopped
27
Track on consumer spending
Close eye | Cuz important role
28
Prosperity
- jobs - economic growth - rise in profits
29
GDP per capita - highest - lowest
Gross Domestic Product per cap Measures amount of wealth countries economy generated US - $46,000 Mexico - $12,500 CAD - $38,600
30
Environmental orgs
Greenpeace | Alberta Wilderness Association
31
LJP
``` Louis-Joseph Papineau Led boycott of British good in Lower Canada 1837 Les Patriotes A canadien Led to rebellion of 1837 Suppressed w/ military force ```
32
Logging Lubicon Land
``` Lubicon Lake Cree rights violated Want consultation prior Were not 1991-1998 Pulp-and-paper giant Daishowa Ltd Boycotted Still no agreement ```
33
Calgary restaurants
Reduce trans fats
34
Qol + factors
Evaluates general well-being individuals and society - environment - mental/physical health - social belonging - recreational time - freedom/rights
35
Sol + factors
Level of wealth, comfort, material goods, necessities available to certain socioeconomic class in an area - income - education - quality + availability fo jobs - housing - poverty rate - crime rate - inflation rate - GDP
36
Economics def
Study of production, distribution, and consumption of goods and services
37
Marketing
Promotes consumption of products and services
38
Conformity
Wanting to behave in accordance with socially accepted conventions or standards
39
Newest additions to labelling
Natural and artificial sugars
40
Obsolescence
Higher prosperity = higher obsolescence | Newer technologies so replacing more frequently
41
Closed loop production
Reusing Part of ‘green’ movement Sustainable
42
Government banning products allowed
Yes most of the times because for greater good