Question

Mentions of few feature which cause explaintation of consumers​

Answer 1

Factors which cause exploitation of consumers are:

1) Lack of awareness of consumer rights among buyers.

2) Improper and inadequate monitoring of rules and regulations.

3) Individual purchase quantity is quite small.

Consumers are scattered over large areas.

4(Lack of awareness among consumers.

Greed of businessperson.

Answer 2

Certain features which cause exploitation of customers are the availability of huge resources with the producers, etc.

Explanation:

1. Consumers can be exploited in an economy because of the availability of a large number of resources with the producers and distributors.
2. In addition, the lack of awareness in consumers can also result in their exploitation.
3. Moreover, the forming of institutions by distributors, producers, and manufacturers can result in manipulation of the prices of goods and services which can result in exploitation of the customers.