well you know and understand each Key Term. q I know and understand this Key Term.
q I am still a bit uncertain about what this Key Term means. q I don’t understand this Key Term yet.
When you revise each chapter, tick the boxes again to indicate how much you have learned.
1. 2.
3.
An ethical business behaves in a way that is considered fair to people and respects the environment.
q q q
Ethical shopping is about preferring to buy ethically produced and distributed goods and avoiding unethical goods and companies.
q q q
Consumer boycotts occur when consumers avoid buying goods from a particular company as a form of protest.
Key Concepts 1. (a) What is an ethical business?
(b) What is meant if a business is said to operate a ‘triple bottom line’? 2. What is ethical consumerism?
3. List four areas that can be affected by the choices that consumers make.
4. Identify four actions that consumers can take to act responsibly. 5. Explain what is meant by a consumer boycott.
Critical Thinking Skills
1. Vancho lives in Peru in South America. He lives with his family in a remote village in a rainforest. The forest is now being cut down by logging companies for mahogany timber to make furniture. He and his family will have no home and no income after the bulldozers and chainsaws are finished. Explain what choices a consumer can make to help protect Vancho’s home and family.