Question

Why are poor expoiled in the market

Answer 1

Answer:

Lack of knowledge: The main reason for exploitation of consumers is lack of knowledge. Several consumers do not have the knowledge about the price, quality, services related commodities. Therefore, consumers simply trust the facts told to them by the sellers and purchase goods, thus become trapped and are exploited.

Answer 2

Explanation:

The poor are exploited because

a) They have to depend on the rich and the powerful for various things.

b) They have to depend on loan for raw materials marketing of their goods for employment