Which of the following is used to describe the activities of various groups to protect basic rights of consumers?
A) Consumer equilibrium
B) Consumer discretionary
C) Consumerization
D) Consumerism

Question

Quizplus · Accepted Answer

Consumerism refers to the actions and movements taken by various groups and individuals to protect the basic rights and interests of consumers. This includes advocating for better product safety standards, fair pricing practices, and access to accurate information about products and services. Consumerism aims to ensure that consumers are treated fairly and that businesses are held accountable for their actions.

Which of the Following Is Used to Describe the Activities