Question

list the main features of consumerism

Answer 1

Answer:

Hey mate

here is your answer

Main feature of consumerism are in the following ways:-

1) A consumer must be aware of his/her rights and should protect his /her rights.

2) he/he should seek redressal for his complaints.

3)he/she should raise voice against exploitations.

4)government laws most protected the interest of the consumers.

5) business houses must adopt a code of conduct for regulating the activities.

Answer 2

CONSUMERISM:

"It is the idea of increasing the consumption of goods and services purchased in the market  . In economic sense, consumerism  refers to economic policies that emphasise consumption of product"

FEATURES OF CONSUMERISM:

• Protection of Rights: Consumerism helps in improving business communities as time passes.
• Prevention of Malpractices: It prevents unfair practices within the business community.
• Unity among Consumers: Consumerism always aims at creating knowledge and harmony among consumers
• Enforcing Consumer Rights : It aims at  the four basic rights of consumers which are as follows -Right to Safety, Right to be Informed, Right to Choose, and Right to Redress.