| 释义 |
Definition of consumer sovereignty in English: consumer sovereigntynoun mass nounEconomics The situation in an economy where the desires and needs of consumers control the output of producers. Example sentencesExamples - The theoretical advantages of consumer sovereignty are clear; but there appear to be transaction costs in switching from the devil one knows.
- There is no consumer choice and no consumer sovereignty.
- There is, however, an additional important element that is critical if monetary calculation is to operate in a way most consistent with consumer sovereignty - sound money.
- More serious, the application of consumer sovereignty to real world producers cannot rely on their objective actions, but must probe into their subjective intentions.
- Our mission is to establish a worldwide consumer cooperative and to reassert consumer sovereignty over capitalism.
Definition of consumer sovereignty in US English: consumer sovereigntynoun Economics The situation in an economy where the desires and needs of consumers control the output of producers. Example sentencesExamples - There is no consumer choice and no consumer sovereignty.
- More serious, the application of consumer sovereignty to real world producers cannot rely on their objective actions, but must probe into their subjective intentions.
- There is, however, an additional important element that is critical if monetary calculation is to operate in a way most consistent with consumer sovereignty - sound money.
- The theoretical advantages of consumer sovereignty are clear; but there appear to be transaction costs in switching from the devil one knows.
- Our mission is to establish a worldwide consumer cooperative and to reassert consumer sovereignty over capitalism.
|