Social Sciences, asked by arbia153, 1 year ago

what is the need for consumer protection​

Answers

Answered by aniketkumarojha82004
0

Explanation:

Consumer awareness about their legitimate rights has been constantly growing in recent years.

Consumer protection movement is a part of global recognition and concern that consumers are a weak party in buying goods and services as compared to the manufacturers and traders producing and selling them.

Answered by arushimishra029
1

Answer:

Consumer protection was not necessary when the world was younger and communities smaller. In the lifestyle of those times unfair trade was almost impossible. The industrial revolution and a shift of population from rural areas to towns and anonymity of urban living gave plenty of scope for malpractices.

In our country, buyers have a very weak bargaining power and cannot assert their right being heard. Consequently, manufacturers and traders are tempted to follow diverse practices which turn out to be unfair to consumers.

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