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单词 consumer sovereignty
释义

consumer sovereignty

noun [mass noun] Economics
The situation in an economy where the desires and needs of consumers control the output of producers.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.
  • The theoretical advantages of consumer sovereignty are clear; but there appear to be transaction costs in switching from the devil one knows.
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更新时间:2024/12/23 9:09:01