Consumer choice
What Consumer choice means in Economics GCSE, as defined for AQA.
Definitions of Consumer choice
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
Read the wording for your board, then hide it and explain Consumer choice in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A benefit of globalisation for UK consumers, who gain a wider variety of goods due to cheaper imports.
Access to a wider variety of goods and services than could be produced domestically.
The choice of buying from numerous competing producers who offer similar goods.
Topics that use Consumer choice
- Competitive markets (AQA GCSE)
- Globalisation: benefits and drawbacks (AQA GCSE)
- Why countries trade and the importance of international trade to the UK (AQA GCSE)
Related terms
- Economies of scale
- International trade
- Barriers to entry
- Competitive market
- Competitive markets
- Consumer welfare
- Economic growth
- Economic integration
Using Consumer choice in the exam
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