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Briefly explain any five reasons required for the increasing need of consumer education.

Environmental Issues

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Answer

Five reasons for the increasing need of consumer education are:

  1. Protection from Exploitation — Consumers are often exploited by unscrupulous traders through misleading advertisements, adulteration, defective products, overcharging and unfair trade practices. Consumer education makes consumers aware of their rights and helps them protect themselves from such exploitation.

  2. Promotion of Critical Thinking — Consumer education encourages critical thinking so that consumers can function more efficiently in the marketplace. They can compare products, evaluate options and make informed buying decisions instead of being influenced by attractive advertisements.

  3. Awareness of Rights and Duties — Consumer education makes consumers aware of their rights such as right to safety, right to be informed, right to choose, right to be heard, right to seek redressal and right to consumer education. It also teaches them their duties like checking quality, asking for cash memo and making complaints.

  4. Environmental Protection — Consumer education plays a vital role in protecting the environment. It teaches consumers to reduce waste of natural resources, encourage reuse and recycling, and become eco-friendly. Educated consumers prefer environment-friendly products and packaging.

  5. Improvement in Quality of Life — Consumer education improves the quality of life by fostering values like saving money, planning budgets, paying bills on time, and differentiating between needs and wants. It also imparts life skills needed for successful day-to-day living.

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