What are the causes of consumer exploitation Class 10?

What are the causes of consumer exploitation Class 10?

Factors which cause exploitation of consumers are:

• Lack of awareness of consumer rights among buyers.
• Improper and inadequate monitoring of rules and regulations.
• Individual purchase quantity is quite small.
• Consumers are scattered over large areas.
• Lack of awareness among consumers.
• Greed of businessperson.

What are the means of consumer exploitation?

Any person who buys anything in the market or pays for any service is a consumer. When a consumer is cheated in any way, either by the shopkeeper or the producer, by giving him poor quality or adulterated goods or by charging more price for a commodity or a service, it is called consumer’s exploitation.

What are the various factors causing exploitation of consumers in the market?

1. Limited information : In the absence of information about different aspects of the products namely price, quality, composition, condition of use etc., the consumers are liable to make a wrong choice and loss money. 2. Wrong information : In the absence of full and correct information a consumer may get exploited.

What are the different types of consumer exploitation in India?

For instance, some common ways certain sellers or businesses exploit consumers include:

• Underweight and under-measurement.
• Sub-standard quality.
• High prices.
• Duplicate articles.
• Adulteration and impurity.
• Lack of safety devices.
• Artificial scarcity.
• False and incomplete information.

What are causes for consumer exploitation?

Reasons or factors causing exploitation of consumers are: (1) Limited information (2) Limited supplies (3) Limited competition (4) Low literacy (5) Lack of bargaining power (6) Irregular prices offered (7) Misleading advertisements (8) Lack of unity and (9) Cumbersome and time taking legal proceedings.

What are the factors causing consumer exploitation?

How is consumer exploited in the marketplace explain with examples?

Consumers are being exploited in the following manner: Sale of adulterated goods, i.e. adding something inferior to the product being sold. Misleading advertisements, i.e. advertisements falsely claiming a product or service to be of superior quality, grade or standard.

What are the two 2 main forms of child exploitation?

This crime can be divided into two types of exploitation: sexual and economic.

Who is a consumer explain any five forms of consumer exploitation?

Sale of adulterated goods, i.e. addition of inferior substances to the product being sold. Sale of sub-standard goods, i.e. sale of goods which do not confirm to the prescribed quality standards. Use of false weights and measures leading to losses. Supply of defective goods.

What are the different types of consumers Class 10th?

Consumers can be classified into primary, secondary and tertiary consumers based on their mode of nutrition. All herbivores and some parasites are primary consumers. Example- rabbit, which eats grass.

What are the three types of consumers exploitation in the market?

Explain any three types of consumers exploitation in the market. Underweight and Under-measurements :- The goods being sold in the market are sometimes not measured or weighed correctly. Sub-standard Quality :- The goods sold are sometimes of sub-standard quality.

How can consumer exploitation be stopped?

Consumer exploitation can be stopped by taking various measures. They can be (but not limited to), Consumers lack awareness. Spreading awareness is the best way to deal. Creating strict rules and regulations to stop consumer exploitation. Consumers are not awareness of their rights. They need to know their rights.

What are the common grievances of consumers?

Selling of consumables beyond their expiry dates and supply of deficient or defective home appliances are generally the regular grievances of consumers. High Prices :- Very often the traders charge a price higher than the prescribed retail price.

What are the problems faced by consumers in purchasing electronic goods?

This affects consumer’s health and their money goes waste. (f ) Lack of safety devices: Electronic goods produced locally lack the required inbuilt safeguards, which may cause accidents. (g) Artificial scarcity or shortage: To earn more profits sellers create artificial scarcity by hoarding and selling the same at higher price.