What is consumer exploitation and how consumers can be exploited?
What is consumer exploitation and how consumers can be exploited?
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Answer:
Consumer exploitation refers to the act of taking advantage of buyers. This occurs because of limited information about the product, such as guarantees and terms of purchase.
Consumer rights laws protect people who buy goods and services.
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Step-by-step explanation:
Consumer exploitation refers to the act of taking advantage of buyers. This occurs because of limited information about the product, such as guarantees and terms of purchase.
Making use of natural resources to build a city is an example of the exploitation of those resources. Taking advantage of someone's need for a job and paying them only pennies to perform work so you can get rich is an example of exploitation
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