Economics B A-Level
Consumer spending
What Consumer spending means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Consumer spending
Check what you remember
Read the wording for your board, then hide it and explain Consumer spending in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Spending by consumers that banks facilitate by providing credit, allowing the purchase of expensive items like houses and cars.
Topics that use Consumer spending
- Role of banks in the economy (Pearson Edexcel A-Level)
Related terms
- Business investment
- Collateral
- Credit provision
- Economic growth
- Financial intermediation
- Interest rates
- Saving
- Secured loans
Using Consumer spending in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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