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Economic vs Prosumer - What's the difference?

economic | prosumer |

As adjectives the difference between economic and prosumer

is that economic is pertaining to an economy while prosumer is targeted at serious, enthusiastic consumers, incorporating professional features but often modified for non-professional use.

As a noun prosumer is

a person in postindustrial society who combines the economic roles of producer and consumer.

economic

English

Alternative forms

* economick (archaic) * (archaic) * (obsolete)

Adjective

(en adjective)
  • Pertaining to an economy.
  • * {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
    • , title= Boundary problems , passage=Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.}}
  • Frugal; cheap (in the sense of representing good value) ; economical.
  • Pertaining to the study of money and its movement.

    • Usage notes

    Modern usage prefers economic' when describing the economy of a region or country (and when referring to personal or family budgeting).
    '     Economical     is preferred when referring to thrift or value for money.

    Derived terms

    * economical * economics

    Related terms

    * economise * economize * economic blockade * economic embargo * economic warfare

    Anagrams

    * ----

    prosumer

    English

    (wikipedia prosumer)

    Etymology 1

    , coined by futurologist (Alvin Toffler) in his book (The Third Wave) (1980). Concept based on suggestion by (Marshall McLuhan) and Barrington Nevitt in their 1972 book Take Today (p. 4) that consumers would take on producer roles in (mass customization).

    Noun

    (en noun)
  • (buzzword) A person in postindustrial society who combines the economic roles of producer and consumer.

    • Etymology 2

    .

    Adjective

    (-)
  • (marketing, of a consumer product) Targeted at serious, enthusiastic consumers, incorporating professional features but often modified for non-professional use.
  • (marketing, of a consumer product) high-end
    • Usage notes
    The line between consumer and professional equipment, and hence prosumer, is fuzzy, as consumers can purchase and use professional equipment, while professionals may use equipment targeted at consumers; conversely, a professional person is unambiguously one who is paid for their work. Any product may be marketed as prosumer (compare (gourmet)), but generally professional equipment differs in being high-volume, while consumer equipment is more designed for ease of use. For example a professional espresso machine is designed for commercial use, for repeatedly and rapidly making drinks throughout a day, while a prosumer machine is designed for home use, especially making a single or a few drinks without extensive preparation (“walk-up use”). The use of the term varies significantly between products – it is frequently used to describe still cameras, but virtually never used to describe sports cars.

    Noun

    (en noun)
  • A serious, enthusiastic consumer: not professional (earning money), but of similar interest and skills to a (generally lower level) professional, or aspiring to such. The target market of prosumer equipment.
    • Synonyms
    * amateur * enthusiast * hobbyist * semiprofessional