how are consumers exploited?
consumers are people who consume anything from the market. they are exploited in the following ways:
adulteration: people tend to add adulterants (or chemicals) in the food to make it look better.
false claim: people make false claim about the durability and quality of their products through ads.
under weigh: sellers generally under weigh products and cost the original price of the product brought
hoarding and black marketing: sellers generally hold up stocks in the market to create artificial scarcity so as to sell it later at a higher rate.
substandard goods: people may sell inferior goods to gain profit
high price: sellers who sell necessities generally sell them at higher price.
duplicate articles: in the name of genuine parts and goods duplicate items are sold to the consumers.
lack of safety devices: electronics produced locally may lack safety requirements which may harm the consumer.
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consumers are being explited in the following ways
- Higher costs than MRP
- false products
hope dis will help u
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