Who is consumer: The word 'Consumer' is derived from the

The word 'Consumer' is derived from the Latin word 'Consumere' which means, to eat or to drink. The consumer is the one who consumes or uses any commodity or service available from natural resources or through a market. The consumer is an individual, person, or thing who decides to purchase products & hire services catering to personal tastes for personal use. A consumer is any individual or group that uses, or consumes, goods and services produced within the economy. This consumption could be of anything from essential items like food and clothing to luxury goods and various services. A consumer is anyone who uses a product or service for its intended purpose and does not have the option to resell it. In very simplified words, every end-user in the cycle of purchasing or utilising products or services is a consumer.