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CBSE Class 10 Economics Question 2 of 13

Consumer Rights — Question 4

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Question

Question 4

Mention a few factors which cause exploitation of consumers.

Answer

Factors which cause exploitation of consumers are:

  1. Lack of Information — When consumers are unaware of their rights, product information, or alternatives available in the market, they may make decisions that are not in their best interest.
  2. Advertising and Marketing Tactics — Misleading advertising, exaggerated claims, and manipulative marketing tactics can lead consumers to make purchasing decisions based on false or incomplete information.
  3. Unfair Contract Terms — Contracts and agreements often contain terms that are biased towards the business rather than the consumer.
  4. Sale of adulterated goods — Sale of sub-standard or goods that do not conform to the prescribed quality standards is done to cheat the consumers.