Consumers as the driving force of an economy

Business & Finance
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Question description

The consumer is considered the driving force of an economy. Without a demand for their products, firms won’t prosper and the economy will decline. Do you agree with this statement? Why? Should firms be concerned with the sources of the consumer demand for a product or the factors that determine the demand for a product?

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(Top Tutor) Daniel C.
School: UIUC
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