represents the commonly held societal beliefs that define what is socially gratifying within a specific society.

These are the options for the question:

a. Consumer network

b. Consumer advocacy

c. Consumer culture

d. Consumer awareness

e. Consumer base

And this is the correct

c. Consumer culture

Explanation:

Consumer culture explains the way consumers spends their income on goods and services according to price, need, and preferences.

In advanced nations, consumer culture is a defining aspect of society because these economics are mostly based on private consumption.

Because in advanced nations, incomes tend to be higher, people do not always buy something because it is cheap, or because they need it to stay alive (for example, food).

In fact, in these countries, people often buy products out of pure desire, in order to gratify themselves, and satisfy a need of higher order (the need for status, the need for social acceptance, or the need for self-actualization).

the president has the power to appoint federal judges, ambassadors, and other "principal officers” of the united states, subject to senate confirmation of such appointments.

trade regulation is a field of law, often bracketed with antitrust (as in the phrase “antitrust and trade regulation law”), including government regulation of unfair methods of competition and unfair or deceptive business acts or practices. antitrust law is often considered a subset of trade regulation law. franchise and distribution law, consumer protection law, and advertising law are sometimes considered parts of trade regulation law.

in general the theory of economics says that the more open to trade a country is the better   the result for the same country and the whole economies.

in real life countries impose taxes, quotas, etc which is not so good for the economies.

this kind of commercial war between the usa and china is slowing down the growth of the whole world so we can say that it is a draw back of trade regulations. and the free trade agreements are benefits of trade regulations.