Which of the following is a function of consumerism?
Answer Details
Consumerism refers to the social and economic movement that advocates for the protection and promotion of the interests of consumers in relation to the goods and services they consume. One of the main functions of consumerism is to protect consumers' rights by ensuring that they are not exploited by unscrupulous businesses or individuals. This includes the right to safety, the right to be informed, the right to choose, and the right to be heard. Consumerism also aims to provide consumers with more choice by encouraging competition among businesses, which can lead to better quality products and services at more affordable prices. Additionally, consumerism promotes the provision of consumers' needs by advocating for access to essential goods and services such as food, healthcare, and education. While consumerism may make profiteering more difficult for businesses that engage in unethical practices, this is not its primary function.