Question

Explain any 5 causes of consumer exploitation

Answer 1

hey...!!!

(a) Lack of awareness among consumers.
(b) Limited competition.
(c) Illiterate consumer.
(d) Limited supply of goods/products.
(e) Misleading advertisement.

Answer 2

In the modern consumer centric society,the consumer exploitation is very common.

Some reasons behind this consumer exploitation are;

1)Lack of awareness among the consumers about their rights.

2)Lack of infrastructure for easy registering of these consumer related problems.

3)Huge amount of corruption in the core portion of our economy.

And many more.