Question

(Topic)- Factors exploiting consumers in market place.
(key words compulsory -False e incomplete information, charging high
prises ,lack of safety, substandard products,articial scârcity, rough behavious ,unfair terms and conditions, face products ,adulteration and
pusties, underweight and under measurements
and un satisfactory responce after sales.)

perfect answer and all key words
will be marked as brainliest.
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Answer 1

here is the answer

Factors exploiting consumers in market place.

i) Adulteration: Adulteration means mixing or substituting undesirable materials in food. This causes heavy loss to the customers; they suffer from monetary loss as well as spoil their health.

ii) Under measurement: Sellers generally give under measured goods and charge for the actual quantity.

iii) Duplicate Articles: In the name of genuine parts or goods, duplicate items are sold to the consumers.

iv) Lack of safety devices: Electronic appliances produced locally lack the required inbuilt safeguard which causes harm to the consumers.

Answer 2

Answer:

hiiii dear here is your answer.

plz mark as brainlist..

Explanation...

There are many factors which are responsible for the exploitation of consumers in India.

They are as follows:

(a) Limited Information:

ADVERTISEMENTS:

In a capitalist economy the producers and the sellers are free to produce any goods or services in any quantity and there is no regulation on prices. In that case it is the duty of the producers and sellers to furnish full information about their product to the consumers. In the absence of timely and correct information like the price, quality, composition, terms of purchase, guarantee/warranty etc., and the consumers may make a wrong choice and loose their money.

(b) Limited Supplies:

The consumers are exploited when the goods and services are not available in the market to the required amount or quantity. This makes or gives chance for black marketing & hoarding, of the goods etc.

(c) Limited Competition:

ADVERTISEMENTS:

At times only one producer or a group of producers produce some products. So they control the production and supply of certain goods. Thus they manipulate the prices of their products by making these non-available for certain period. So the prices rise high and the benefit goes to that particular group causing loss to the customers.

(d) Literacy:

Illiterate people are very easily exploited by the sellers. Due to low literacy the level of consumer consciousness in our country is very low. It benefits the producers and sellers in keeping the rates of their products high and earns more profit. Thus the consumers are easily exploited.