How are consumers exploited in the market place ? Explain.

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asked Mar 28, 2018 in Social Science by anukriti (13,536 points) 5 10 43
How are consumers exploited in the market place ? Explain.

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answered Mar 28, 2018 by faiz (82,347 points) 6 6 12
selected Mar 28, 2018 by anukriti
 
Best answer

Consumers are exploited in the market place in the following ways :
(i) Shopkeepers weigh less than what they should.
(ii) Traders add charges that were not mentioned before.
(iii) Traders sell adulterated or defective goods.
(iv) False information is passed through the media and other sources to attract consumers.

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