Mention a few factors which cause exploitation of consumers

cbse10

#1

The factors causing exploitation of consumers are
(i) Lack of awareness among consumers.
(ii) Limited competition, leading to consumers being forced to buy a certain product.
(iii) Some consumers are illiterate.
(iv) Limited supply of goods, products or services, leading to shortages and black marketing.
(v) Misleading advertising in the media.