Social Sciences, asked by amantanejaadv8201, 1 year ago

Actions of individual soul do not affect others

Answers

Answered by mitse0102
1
What is the question???
Answered by himanshusingh52
0
In the globalization, liberalization and privatization era, most of the economic decisions are taken  by the market. Though, the  government  has withdrawn  itself  from  many  economic  activities,  it interferes very often when the market mechanism fails due to structural rigidities in the economy and other factors, to  provide  goods  and  services  to  the  people. Consumption  is  one  of  the  important economic activities, which requires  regular  government  intervention,  as market  is  unable  to promote security and welfare aspects of the consumers. On the other hand, consumers have to be aware not only of the commercial aspects of sale and purchase of goods but also of the health and security aspect also. Besides this, they should be aware of their rights and duties being as rational human beings.

Though,  the  first  consumer  movement  began  in  England after the  Second World War, a modern declaration about the consumer’s rights was first made in USA in   the  year 1962, where four basic consumer rights i.e.  Choice, information, safety and right to be heard were recognized.  Ralph Nadar, a consumer activist is considered as the father of “Consumer Movement”. 15th March is now celebrated as the World Consumer Rights Day. The U.N.O.  Also adopted in the year 1985, certain guidelines to achieve the objectives of maintaining protection for consumers and to establish high level ethical conduct for those engaged in production and distribution of goods and services. In India, 24th December is celebrated as “Consumer’s Day” every year.

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