Question

causes of consumer for project​

Answer 1

Answer:

Reasons or factors causing exploitation of consumers are: (1) Limited information

(2) Limited supplies

(3) Limited competition

(4) Low literacy

(5)Lack of bargaining power

(6) Irregular prices offered

(7) Misleading advertisements

(8) Lack of unity and

(9) Cumbersome and time taking legal proceedings.

Answer 2

Answer:

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. 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.