Consumerism

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History and Evaluation Right’s of traditional seller Right’s of traditional buyer

History and Evaluation
Right’s of traditional seller
Right’s of traditional

buyer
Additional rights of consumer
Conclusion

CONSUMERISM

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CONSUMERISM 1st movement took place in early 1900s. 2nd in early

CONSUMERISM

1st movement took place in early 1900s.
2nd in early mid 1930s

due to upturn in consumer prices during the great depression and another drug scandal.
The third movement began in 1960s.
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Rights of traditional seller To introduce any product in any size

Rights of traditional seller

To introduce any product in any size any

style, provided it is not hazardous to personal health or safety.
Right to spend any amount to promote the product, provided not to be unfair competition.
Right to use any product message, provided it is not misleading or dishonest in content or execution.
Right to use any buying incentive programs, provided they are not misleading or unfair.
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Rights of traditional buyer Right not to buy a product that

Rights of traditional buyer

Right not to buy a product that is

offered for sale.
The right to expect the product to be safe.
The right to expect the product to perform as claimed.
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Consumerism The Right to Be Safe The Right to Be Informed

Consumerism

The Right to Be Safe

The Right to Be Informed

The Right to

Be Heard

The Right to Choose

Basic Consumer Rights

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Additional consumer rights Right to be well informed about important aspect

Additional consumer rights
Right to be well informed about important aspect of

the product.
Right to be protected against questionable products and marketing practices.
Right to influence products and marketing practices in ways that will improve the “Quality of life”.
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Conclusion Consumerism is fast emerging as an environmental force affecting major

Conclusion

Consumerism is fast emerging as an environmental force affecting major business

decisions as consumers become more aware about their rights. Even though comprehensive statutory measures have been provided in India for curbing unfair business practices, for protecting consumer interest, and for promoting consumerism; companies have yet to do a lot.