NationMaster - Encyclopedia: Consumer economy

The consumer economy is the part of an economy directed at end consumers rather than intermediary businesses. The consumer economy has different characteristics to the wider economy, particularly as it involves from the purchaser. As such, the subject is of special interest to economists.

Categories: Economics and finance stubs

Results from FactBites:

Consumer-driven economy in the making -DAWN - Business; 04 October, 2004 (990 words)
	The consumer is also a pivot of the changing development strategies, a paradigm shift from "government-led growth model supplemented by a corporate and industrial sector" to a consumer- led domestic driven economic growth.
	However, the rights of the consumers is generally perceived in the context of farm and industrial products when the role of the commodity producing sectors in an economy is being constantly reduced.
	For example, consumer financing requires that the rights of the borrowers should be protected in the same manner as that of the lender specially when the bankers are now empowered to repossess mortgaged property without resource to courts.

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