Consumerism ppt.

1. Topic-Consumerism
Name – Mohini Sharma
SID – 99937

2. Topic Name -
• Definition of Consumerism
• Advantages of Consumerism
• Disadvantages of Consumerism
• Importance of Consumerism
• Consumer Protection
• Rights of Consumer Protection

3. Consumerism Definition :-
•Consumerism the “Social movement seeking to
augment the rights and power of buyers in
relation to sellers”(Kotter , 1972).
•It is manifest in new law, regulations and
marketing practices as well as in new public
attitudes toward government and business.

4. Advantages of Consumerism :-
• Consumerism creates employment
• It helps to reduce poverty
• We live in a global economy
• We have a better quality of life

5. Disadvantages of Consumerism :-
• Consumerist societies create more waste
• They use more natural resources
• They cause damage to the environment
• Consumerism creates a ”throw-away” culture

6. Importance of Consumerism :-
• Stop unfair trade practices
• Provide complete and latest information
• Discourage anti-social activities
• Implementation of consumer protection laws
• Protect against exploitation

7. Consumer Protection :-
• Meaning –
Consumer protection refers to Protecting the interest of
Consumers. It includes rights, responsibilities and various remedies
available to Consumers.
Consumer protection Act(1986)

8. Rights of Consumer Protection :-
1) Right to safety
2) Right to choice
3) Right to information
4) Right to consumer Education
5) Right to basic need