Illiterate people are very easily exploited by the sellers. Due to low literacy the level of consumer consciousness in our country is very low. It benefits the producers and sellers in keeping the rates of their products high and earns more profit. Thus the consumers are easily exploited.

What are the factors responsible for consumer exploitation?

Factors which cause exploitation of consumers are:

  • Lack of awareness of consumer rights among buyers.
  • Improper and inadequate monitoring of rules and regulations.
  • Individual purchase quantity is quite small.
  • Consumers are scattered over large areas.
  • Lack of awareness among consumers.
  • Greed of businessperson.

Why and how is consumer exploited?

Consumers are exploited in the following five ways: Sale of adulterated goods, i.e. addition of inferior substances to the product being sold. Supply of defective goods. Misleading advertisements, i.e. advertisements falsely claiming a product or service to be of a superior quality, grade or standard.

What are the needs for consumer awareness?

Consumer awareness is important so that buyer can take the right decision and make the right choice. Consumers have the right to information, right to choose, right to safety. Let us learn more about Consumer rights, responsibilities and consumer awareness in detail.

What do you mean by consumer exploitation?

Introduction Consumer exploitation refers to taking undue advantage of consumers or a group of consumers by the sellers for their own benefit or purpose. This is the basis of consumer exploitation. There are various forms through which consumers are being exploited.

What is consumer awareness and its importance?

Consumer Awareness is an act of making sure the buyer or consumer is aware of the information about products, goods, services, and consumers rights. Consumer awareness is important so that buyer can take the right decision and make the right choice.

How we can spread consumer awareness?

Consumer awareness can be spread through: The enactment of the COPRA (Consumer Protection Act) has led to the setting up of separate departments of Consumer Affairs in central and state governments. These make people aware of exploitations in the markets and also tells on how to file cases in exploitation.

What role government can play to protect consumer?

The government has established the Central Consumer Protection Authority to promote, protect and enforce the rights of consumers. The Consumer Protection Act that came into force from July 20 has a provision for setting up the authority.

What are the advantages and disadvantages of consumer awareness?

With the consumer awareness ,the consumers are easily able to get knowledge about their consumer rights. And wicked traders don’t get chance to fool people. There is no such disadvantages of the consumer awareness.It is very necessary for us.

How does consumer awareness help our society?

Consumer awareness is an act that allows people to get informed about products while purchasing and selling. Awareness among people helps them to get a better deal for the products and removes their ignorance that a seller often tries to use it.

How can we avoid consumer exploitation?

Consumer protection is very important to prevent consumers from getting exploited due to factors like (i) Physical protection of a consumer; (ii) Unfair trade practices; (iii) Protection against environmental hazards; (iv) Protection from deceptive advertising; (v) Unorganised consumer; and (vi) Growth of business.