In this article we will read about describe Reasons for Exploitation of Consumers, history, PDF, study notes, class 10.
Reasons for Exploitation of Consumers Class 10 SST
Reasons for Exploitation of Consumers
When a consumer obtains some good or service after making payment for it or on rent but does not get any profit/ benefit from the good or service, then that condition is known as exploitation of the consumer.
Following are the reasons for exploitation of consumers:
Purchasing a good or service without paying attention to their quality, quantity, purity and standard.
Not selecting the right good or service due to availability of various types of goods and services.
Lack of complete written or unwritten information about a good or service.
Belief in written advertisement present on the packing of goods.
Illiterate consumers.
A consumer not complaining in written or in the required format against an impure or harmful goods or service.
Lack of decision an of complaints.
Unorganized consumers.
Influence of capitalists/entrepreneurs on the government
Types of Consumer Exploitation
Exploitation of consumer has been divided into two types. Exploitation in the form of goods or items and exploitation in the form of services.
a. Goods or items
1. Less weight, quantity or measure.
2. Not of the type which has been told or mentioned.
3. Impure or containing impurities.
4. Taking additional price as compared to fixed price.
5. Lack in desired capability or quality of product.
6. Unsafe product.
7. Intentionally hiding the faults of the product which get highlighted when the product is used.
8. Creating artificial shortage of goods or stock and forcing the consumers to pay more price or purchase goods of inferior quality.
b. Services
1. Not providing quality services on time as per the conditions of service mentioned.
2. Unsafe or faulty service.
3. Instead of providing safety/benefit, causing harm.
4. Providing physical, mental, intellectual damage, etc.
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