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Exploitation of consumers in market areas.

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Exploitation of consumers in market areas.

Posted by Sahitha?? Sharma 7 years, 3 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 7 years, 3 months ago

Exploitation in the marketplace happens in various ways.
(i) Shopkeepers weigh less than what they should.
(ii) Traders add charges that were not mentioned.
(iii) When defective or adulterated goods are sold.
(iv) When false information is passed on through the media.
(v) Traders and producers hoard goods and create an artificial scarcity in the market to sell those hoarded goods at higher prices.

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CBSE > Class 10 > Social Science