Question

Discuss in brief the role of consumer in market economy.

Answer 1

Obviously this totally true that the role of a consumer in a market economy is very important. Without the purchasing of goods and other products by the the consumers all the market would got a great loss as well the the manufacturing of products will stop. The government who levy taxes on business shops can't afford after the vocation of shops. This are due to the consumer that these days our India is having a good economic condition by implementing taxes on good running shops.

Hope....

Answer 2

Answer:

Explanation:

The consumer is an individual who pays some amount of money for the thing required to consume goods and services. As such, consumers play a vital role in the economic system of a nation. Without consumer demand, producers would lack one of the key motivations to produce: to sell to consumers.