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What do you think should be the role of government to protect consumers?

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Question

What do you think should be the role of government to protect consumers?

Long Answer
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Solution

Governments can play a crucial role in safeguarding consumers from unfair practices by taking the following steps:

  1. Governments set rules and guidelines that businesses must obey. These include everything from product safety to advertising practices.
  2. Government agencies should assist in the resolution of consumer-business disputes.
  3. Governments should educate consumers on their rights.
  4. Governments can monitor markets for illegal or unfair activities and take action against companies that break consumer protection laws.
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Chapter 5: Consumer Rights - Intext Questions [Page 77]

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NCERT Social Science Understanding Economic Development [English] Class 10
Chapter 5 Consumer Rights
Intext Questions | Q 3. | Page 77
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