Professional Documents
Culture Documents
Consumerism PPT 2003
Consumerism PPT 2003
Neha (137)
Shikha Popli (146)
Aashita Singh (152)
Neha Chandna (1
Consumerism is a
social and economic
order that is based on
the systematic
creation and fostering
of a desire to
purchase goods and
services in ever
greater amounts.
Positive Consumerism Effects:
More industrial production.
A higher growth rate economy.
More goods and services
available.
More advertising since goods
manufactured have to be sold.
Increased production will result
in more employment
opportunities.
A variety of goods and services
to choose from.
More comforts for a better living
style.
Negative Consumerism Effects:
Marketing Concept
came into being with
marketers realized
that they would be
able to sell more if
they knew what was
required by the
consumers.
Consumer Protection is basically
safeguarding the interests of ordinary
consumers in their daily transactions like the
buying of goods or hiring of ser services
services.
Illiteracy and Ignorance
Unorganised consumers
Duplicate goods
Deceptive advertising
Malpractices of businessmen
Freedom of enterprise
To Organize Consumers
Provide market information
Importance of physical safety
Avoiding monopoly
Informing consumer about their basic rights
Right to Safety
Right to Information:
Right to Choose
Right to be Heard
Right to Seek Redressal
Right to Education
Critical Awareness
Action
Social concern
Environmental
Awareness
Solidarity
Business Self -regulation
Consumer Self-help
Consumer’s Association
Government Regulations
Consumer Protection Act ,1986
The Consumer Protection Act was enacted in
1986. Amendments were made in 2002. The
Act applies to the whole of India except the
State of Jammu and Kashmir.
An Act to provide for the better protection of
the interest of the consumers. Establishment
of Consumer Councils and other authorities
for the settlement of consumers’ disputes.
Consumer Disputes Redressal Forum - known as
"District Forum deals with complaints involving
costs and compensation not exceeding Rs 20
lakhs.
Consumer Disputes Redressal Commission -
known as "State Commission” addresses
complaints between Rs 20 lakhs to Rs1crore.
National Consumer Disputes Redressal
Commission - known as "National Commission"
deals with complaints involving costs and
compensation higher than Rs 1 crore.
The term restrictive trade practice is used for any strategy
used by producers to restrict competition within a given
market.