mention a few factors which cause exploitation of consumers
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The factors causing exploitation of consumers are
(i) Lack of awareness among consumers.
(ii) Limited competition, leading to consumers being forced to buy a certain product.
(iii) Some consumers are illiterate.
(iv) Limited supply of goods, products or services, leading to shortages and black marketing.
(v) Misleading advertising in the media.
Answered by
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The factors causing exploitation of consumers are
(i) Lack of awareness among consumers.
(ii) Limited competition, leading to consumers being forced to buy a certain product.
(iii) Some consumers are illiterate.
(iv) Limited supply of goods, products or services, leading to shortages and black marketing.
(v) Misleading advertising in the media.
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