Economy, asked by rehal2114, 8 months ago

reasons of consumer awareness

Answers

Answered by pp6609034
3

Answer:

The main reason for exploitation of consumers is lack of knowledge. Several consumers do not have the knowledge about the price, quality, services related commodities. Therefore, consumers simply trust the facts told to them by the sellers and purchase goods, thus become trapped and are exploited.

Answered by gurj57364953
15
Hy dude ur answer is:

The main reasons of consumer awareness is:

1. Due to Lack of Knowledge
2. Limited Information
3.Low Literacy
and others main reasons of consumer awareness

Explanation:
1). Limited Information:

Producers provide incomplete and incorrect information about various products.

(2) Low Literacy: Illiteracy leads to exploitation. Lack of consumer awareness is the root cause for exploitation.
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