How are consumers exploited in the market place? Explain.  fro

Subject

Social Science

Class

CBSE Class 10

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 Multiple Choice QuestionsShort Answer Type

1.

Why has aluminium metal great importance? 

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2.

Suggest any three steps to minimise the environmental degradation caused by the industrial development in India. 

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3.

'Consumption of energy in all forms has been rising all over the country. There is an urgent need to develop a sustainable path of energy development and energy saving'. Suggest and explain any three measures to solve this burning problem. 

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4.

Suggest any three steps to minimise the environmental degradation caused by the industrial development in India. 

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5.

Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources? 

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6.

If any damage is done to a consumer by a trader, under which consumer right one can move to consumer court to get compensation? 

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7.

Why are most of the poor households deprived from the formal sector of loans? 

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8.

Rules and regulations are required for the protection of the consumers in the market place. Justify the statement with arguments. 

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9.

How are consumers exploited in the market place? Explain. 


Consumers are exploited in the market in various ways:- 

  • Producers are always looking for easy ways to increase profits.
  • Adulterated or low-quality goods have less production costs, and if the consumer is unaware or illiterate, it is easy to cheat him/her.
  • Also, shopkeepers brush off their responsibility by claiming that the manufacturer is to blame. Consumers feel helpless in this situation.
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10.

The consumer movement arose out of dissatisfaction of the consumers. Justify the statement with arguments. 

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