B they are les secure than traditional payments.
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).
Answer: the right answer is government ownership of companies.
Explanation: Most developing countries either nationalize companies or try to make big companies and as a general thing these companies become a political bounty and end up losing money that is transfered to the contributors' pocket. The worst of all is that voters don't have good education and are manipulated and they vote again for bad politicians that do the same thing which becomes a lose lose cycle.
