How are consumers exploited in the market place?

cbse
economics
consumer-rights
cbse-class-10
cbse-class-10-social

#1

How are consumers exploited in the market place? Explain.

Answer:
Consumers are exploited in the market place in following ways:

  • Weigh less than what they should.
  • Traders add charges that were not mentioned before.
  • Traders sell adulterated or defective goods.
  • False information is passed through the media and other sources to attract consumers.