Question

Different ways of consumer exploitation.
Why are consumers important in the market?
Steps to protect consumers
(1)consumer forum definition
(2)levels of consumer forums

Answer 1

Answer:

Consumers are exploited whenever the government intervenes in the marketplace. Think of what would happen sans interference. People would consider a trade, enter into it if they are not being exploited, and refrain if they feel they are being exploited. It takes government intervention to force a buyer to sell or a buyer to buy in order for one or the other to be exploited.

This process does not always work perfectly. Unfortunately, this leads politicians to offer to "fix it" using government intervention. This intervention could improve on the market or be worse than the market. In either case, the politician has taken action, and will claim success.

Explanation:

Answer 2

Answer:

HERE IS YOUR ANSWER DEAR...

Explanation:

1. The consumer movements led to the formation of the consumer protection Council or consumer forum.

2. They guide the consumer on how to file the cases in the consumer courts.

3. On many occasions, they represent individual consumers in the consumer courts.

4. These councils spread awareness among the people.

5. It works for the protection of the consumer rights.

6.It imparts knowledge to people about consumer rights by writing articles and getting it published in newspapers and periodicals accepts the deposits from customers.

7. It can be in the form of saving account deposits, current account and fixed deposits.