what are the factors that cause the exploitation of consumer
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Answered by
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Answer: There could be many factors responsible but for 3 marks u can note the following:-
1) The market is often dominated by large and big industries or foreign companies who are behind our reach.
2)The injustice against small and less powerful consumer is due to the wealth concentrated in hands of few who manipulate the market with the help of money.
3) Most important is that the consumers are less and shattered in different parts all over the world due to which the explanation is more
Hope it helps....
Answered by
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Answer:
- CHARGING EXCESS TO THE COMMODITIES.
- FALSE WEIGHT AND MEASURES.
- SELLING OF ADULTERATED COMMODITIES.
- CREATION OF ARTIFICIAL SCARCITY OF COMMODITIES BY ILLEGAL HOARDING.
Explanation:
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