CSEC Social Studies · January 2016 · Paper 2 · Question 9

Address on Declining Disposable Incomes: The Need for Thrift among CARICOM Consumers.

Define 'disposable income', state TWO ways consumers can practise thrift, give TWO reasons why consumers may choose to buy more expensive CARICOM goods over cheaper imports, and suggest giving full details THREE strategies regional producers may use to make goods and services more attractive to thrifty CARICOM consumers, explaining why each is likely to be successful.