Which group is known for buying products or services for personal use?

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The group known for buying products or services for personal use is the final consumers. Final consumers are individuals who purchase goods and services for their own consumption rather than for resale or for use in a business. This category includes anyone who buys items for personal needs, including groceries, clothing, and household goods.

On the other hand, business consumers typically purchase goods and services to use in their operations, rather than for personal use. Retailers buy products with the intention of reselling them to final consumers, while wholesalers purchase goods in bulk to sell to retailers rather than directly to end users. Thus, the distinction between final consumers and these other groups lies in the intended use of the product—final consumers are focused on personal consumption.

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