Question 3

Explain the need for consumer consciousness by giving two examples.

Answer

Consumer consciousness is being aware of your right as a consumer while buying trading anything in the market so that they are not being cheated or exploited in the market place. Consumer consciousness is very important to improve the market conditions which provide consumer with more choices at lower prices and reduce the incidence of their exploitation by the seller.
For example:
A buyer must check the expiry and manufacturing date of the product before buying from the shop. In case any expired product is found in the shop a complaint must be raised against the seller. Sometimes shopkeepers indulge in unfair practices such as selling the underweight or adulterated/defective items. So to reduce such instances. It’s very important for the consumers to be aware and act smartly.

Popular Questions of Class 10 Social Science - Understanding Economic Development

Recently Viewed Questions of Class 10 Social Science - Understanding Economic Development

Write a Comment: