Today's consumption orientation known as value consciousness is primarily due to
A)a rise in using debt to fund purchases.
B)the economic recession that began in the late 2000s.
C)an expansion in the purchase of quality brand name products.
D)a cutback on the purchase of discretionary items like flat screen TVs and smartphones.
E)a desire to purchase products of lesser quality to receive a lower price.

Question

Quizplus · Accepted Answer

The economic recession that began in the late 2000s led to a shift in consumer behavior, with many consumers becoming more value-conscious and focused on getting the most for their money. This has led to a greater emphasis on price, quality, and value in purchasing decisions.

Today's Consumption Orientation Known as Value Consciousness Is Primarily Due