Answer:
These are the options for the question:
a. Consumer network
b. Consumer advocacy
c. Consumer culture
d. Consumer awareness
e. Consumer base
And this is the correct answer:
c. Consumer culture
Explanation:
Consumer culture explains the way consumers spends their income on goods and services according to price, need, and preferences.
In advanced nations, consumer culture is a defining aspect of society because these economics are mostly based on private consumption.
Because in advanced nations, incomes tend to be higher, people do not always buy something because it is cheap, or because they need it to stay alive (for example, food).
In fact, in these countries, people often buy products out of pure desire, in order to gratify themselves, and satisfy a need of higher order (the need for status, the need for social acceptance, or the need for self-actualization).
