Question

what is the importance of consumer is in an economic give two example​

Answer 1

The role of a consumer is important in an economic system because it is consumers who demand goods and services when they do this they make it so that other people can have jobs making the goods and services the consumers want.

without the consumers buying the things they need or want there would not be a demand for it this affect the world economic system.They are basically the ones who control the market and without them there would be no economic system.

hope this will help you

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Answer 2

A consumers role is important in an economic system because they are the ones who demand goods/services and the ones who buy them. It is in their control of whether buying those goods or services or not. If all the consumers or many consumers decide not to buy that good/service, it can go obsolete (no longer in the market). They are basically the ones who control the market and without them, there would be no economic system. Without the consumers buying the things they need or want, there would not be a demand for it. This affect the whole economic system.

Example:

●buying a cable service from cable provider.

●buying 20 pair socks.

I hope it will helps you friend