Explain four reason for the exploitation of consumer at the hands of t

1.	Explain four reason for the exploitation of consumer at the hands of the suppliers product
Answer» Factors leading to Consumers EXPLOITATION:High prices: At TIMES artificial shortages of commodities are created in the market and consumers are forced to buy the goods at higher prices.Poor quality of goods: To gain more profit, quality of PRODUCTION is neglected and the products are also adulterated.Lack of knowledge: SOMETIMES consumers do not get full information about the quality of the product and they have to buy inferior quality goods at higher prices.Lack of coordination: The interest of the consumer is not protected because there is no coordination amongst the consumers, traders, manufacturers, and the GOVERNMENT.

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