Question

write any one factor which leads to exploitation of consumers?

Answer 1

four main reasons  of exploitation are-
a]limited information
b] limited supplies
c] literacy
d]limited competation

Answer 2

Hii there..!!


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Exploitation of consumers is caused by a variety of factors:-

▶Producers are always looking for easy ways to increase profits.

▶Adulterated or low-quality goods have less production costs, and if the consumer is unaware or illiterate, it is easy to cheat him/her.

▶Also, shopkeepers brush off their responsibility by claiming that the manufacturer is to blame.
Consumers feel helpless in this situation.

▶Often, when the consumers are known not to check the retail price of a commodity on its packing, sellers add extra charges to the same.

▶In places where there is no awareness of consumer rights and the COPRA, consumer exploitation is rampant.  

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