Consumer sovereignty
id:
consumer-sovereignty-288-2475058
title:
Consumer sovereignty
text:
Consumer sovereignty is the economic concept that the consumer has some controlling power over goods that are produced, and that the consumer is the best judge of their own welfare. Consumer sovereignty in production is the controlling power of consumers, versus the holders of scarce resources, in what final products should be produced from these resources. It is sometimes used as a hypothesis that the production of goods and services is determined by the consumers' demand. Consumer sovereignty
brand slug:
wiki
category slug:
encyclopedia
description:
Economic consumer theory
original url:
https://en.wikipedia.org/wiki/Consumer_sovereignty
date created:
date modified:
2023-12-31T17:43:29Z
main entity:
{"identifier":"Q458007","url":"https://www.wikidata.org/entity/Q458007"}
image:
fields total:
13
integrity:
14