Hundreds of millions of consumers around the world have the purchasing power to afford higher quality products.This consumer group,known as the ________,tend to buy affordable cars rather than luxury cars.

Question

Quizplus · Accepted Answer

The term "mass class" refers to the large group of consumers who have the purchasing power to afford higher quality products, but tend to choose affordable options rather than luxury ones. The other options (plutonomy, taste culture, and leisure class) do not accurately describe this consumer group.

Hundreds of Millions of Consumers Around the World Have the Purchasing