Question

how can laws ensure that market work in a manner that is fair? give two example.​

Answer 1

HEY ....

# Social justice involves end of exploitation of any person at the hand of another person. There are three important functionaries in a market, i.e. producer, consumer and worker.

# In a fair market none of the producer or consumer or worker should exploit the other. Let us take an example of a producer who may be promising high quality in its brand of chocolate.

#  Let us assume that an independent agency tests the chocolate and finds some carcinogenic substance in the chocolate. This is a clear case of exploitation of consumer by the producer. As per the law of the land, the producer is liable for strict punishment for this offence.

Hope it helps....Brainliest Plz....

Answer 2

Law can ensure that market works in a fair manner.

Examples:

• Child Labor Prevention Act: This law ensures that no child below the age of 16 shall be forced to be employed in any work and other hazardous employment.
• Right against Exploitation: This law ensures that no one is forced to work for low wages.