Air cargo, commonly known as air freight, is collected by firms from shippers and delivered to customers. Aircraft were first used for carrying mail as cargo in 1911. Eventually manufacturers started designing aircraft for other types of freight as well.
Economics and marketing. The consumer is the one who pays something to consume goods and services produced. As such, consumers play a vital role in the economic system of a nation. Without consumer demand, producers would lack one of the key motivations to produce: to sell to consumers. The consumer also forms part of the chain of distribution.
GrammâLeachâBliley Act. From Wikipedia, the free encyclopedia. Definition: A consumer is an individual who obtains or has obtained a financial product or service from a financial institution that is to be used primarily for personal, family, or household purposes, or that individual's legal representative.efinition: A customer is a consumer who has a customer relationship with a financial institution. A customer relationship is a continuing relationship with a consumer. Examples of establishing a customer relationship: 1  Opening a credit card account with a financial institution.