Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
32 Cards in this Set
- Front
- Back
|
How good your level of existence is
|
Well-Being
|
|
|
_______ from the world's consumers is the driver of the textile and apparel supply chains.
|
eDemand
|
|
|
What are the three ways that human culture uses textiles?
|
1.) Aesthetics
2.) Protection 3.) Nonverbal Communication |
|
|
______: The style of dress accepted by the majority of a group at a given time.
|
Fashion
|
|
|
_______: These goods tend to be standardized and utilitarian and have infrequent demand for changes in styling.
|
Basic Goods
|
|
|
_______ goods tend to be produced in large quantities most things in the US are these types of goods.
|
EBasic Goods
|
|
|
______ goods are individualized and differentiated.
|
EFashion Goods
|
|
|
______ goods are produced overseas because they make fewer, less expensive goods.
|
EFashion Goods
|
|
|
Aspiring to have more than you have concerns what?
|
The Standard of Living
|
|
|
_____ are more common in menswear.
|
Basics
|
|
|
Total Income (Gross Income) - Income and other Taxes = ??????
|
Disposable Income
|
|
|
Disposable Income (Take Home Pay) - Savings and Investment = ??????
|
Consumption Expenditures
|
|
|
Consumption Expenditures (Consumption Level) - Necessary Consumption Expenditures = ????
|
Discretionary Income
|
|
|
The amount of income that is uncommitted= ????
|
Discretionary Income
|
|
|
What is the clothing consumption process?
|
1.) Acquisition
2.) Inventory 3.) Use 4.) Renovation 5.) Discard |
|
|
_____: To make garments available for use via possession or ownership.
|
Acquisition
|
|
|
______: Things that are borrowed or rented Ex. a work uniform
|
Temporary Possession
|
|
|
_____: The entire stock of garments owned by the individual.
|
Inventory
|
|
|
Things that you will be wearing in the year = ???
|
Active
|
|
|
Things that you haven't worn in over a year.
|
Inactive
|
|
|
______: The act of giving up possesion or ownership.
|
Discard
|
|
|
When the consumer no longer has desire for the item that is called what?
|
Consumer Absolence
|
|
|
_____: That which is enjoyed or suffered by an individual or group of a given time period.
|
Level of Living
|
|
|
______: Level that is striven for, and urgently desired, substantial success yielding substantial gratification and substantial failure yielding bitter frustration.
|
Standard of Living
|
|
|
The level at which people are ACTUALLY living...
|
Level of Living
|
|
|
What people actually want to achieve.
|
Standard of Living
|
|
|
As income increases level of living and standard ______.
|
Rise
|
|
|
These goods are expensive and are something we don't really need.
|
Superior Goods
|
|
|
Expenditures _____ as income decreases.
|
Decrease
|
|
|
For _____ goods, as the amount spent increases as the income increases. And the amount spent decreases as income decreases.
|
Normal Goods
|
|
|
_____ goods: Things we buy because we can't afford what we really want.
|
Inferior Goods
|
|
|
Inflated currency buys _____.
|
Less
|
