Question

from a marketing perspective, the process by which individuals acquire the purchase and consumption knowledge and experience that they apply to future related behavior, which evolves and changes as consumers acquire knowledge from experience, observation, and interactions with others to impact future behavior, is known as .

Answer 1

The process by which individuals acquire the purchase and consumption knowledge and experience that they apply to future related behavior,  is known as consumer learning.

What does "consumption" mean?

The act of using up goods and services is referred to as consumption. It is the process of purchasing and using goods and services to meet one's needs and desires. Consumption is the primary driver of economic activity because it is how individuals and businesses obtain the goods and services they require. Consumption, as a measure of overall demand and spending, is also an important factor in determining an economy's health.

What does "economic activity" mean?

Individuals, businesses, and governments all engage in economic activity by producing and consuming goods and services. This includes the creation of resources such as raw materials as well as the purchase and sale of goods and services. Economic activity is a key indicator of an economy's health and is used to assess a country's overall performance.Economic activity includes a wide range of activities such as manufacturing and service provision, labor and capital investment, savings and investment, international trade, financial services, and public services.

To know more about Investment,

https://brainly.com/question/27717275

#SPJ4