Question

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Mention two ways in which consumer ignorance can cause their exploitation?​

Answer 1

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ᴛᴡᴏ ᴡᴀʏs ɪɴ ᴡʜɪᴄʜ ᴄᴏɴsᴜᴍᴇʀ ɪɢɴᴏʀᴀɴᴄᴇ ᴄᴀɴ ʙᴇ ᴇxᴘʟᴏɪᴛᴇᴅ:

1. ᴛʀᴀᴅᴇʀs ᴄᴀɴ ᴘʀᴀᴄᴛɪᴄᴇ ᴜɴғᴀɪʀ ᴛʀᴀᴅᴇ ᴀᴄᴛɪᴠɪᴛɪᴇs ʟɪᴋᴇ ᴡᴇɪɢʜɪɴɢ ʟᴇss ʙʏ ᴜsɪɴɢ ғᴀᴜʟᴛʏ ᴡᴇɪɢʜᴛs

2. ᴡʀᴏɴɢ ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴄᴀɴ ʙᴇ ᴀᴅᴠᴇʀᴛɪsᴇᴅ ᴛʜʀᴏᴜɢʜ ᴍᴇᴅɪᴀ.

Answer 2

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Factors which cause exploitation of consumers are : -

★Lack of awareness of consumer rights among buyers.

★Misleading advertising in the media.

★Consumers are scattered over large areas.