Economy, asked by chaandralekha95, 1 year ago

"Consumer awareness is the best way for the protection of consumers."Justify with suitable examples.


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Answers

Answered by nishigandhakoralli20
2
Traders and sellers adopt various tactics to gain more profit. In that way, they adopt unfair means to exploit consumers. For instance, Adulteration, under measurement, Black marketing etc.

Therefore in order to, protects the rights of consumers, Consumer awareness becomes important in the following ways:

1. They should be well-informed about their rights.

2. They should be aware to buy the products with marks such as ISI, AGMARK or Hallmark logo.  

3. The consumers should not be worried about using their consumer rights.

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Answered by saurabh2000upadhyay
0

Answer:

Explanation:

A consumer must have perfect knowledge about the market, so that he can't be cheated by any of the firms prevailing in the economy.

Hope its helpful

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