Consumerism
Consumerism Refer to the consumption of resources by the people. It is an organized movement of citizens and government. The special concentration is given to improve the rights and power of the buyers in relation to the sellers.
Consumerism is related to both increase in population size as well as increase in our demand due to change in life-style. In the modern society our needs have increased and so consumerism of resources has also increased.
Traditionally favorable rights of sellers
1. The right to introduce any product
2. The right to charge any price.
3. The right to spend any amount to promote their product.
4. The right to use incentives to promote their products.
Traditional Buyer Rights
1. The right to buy or not to buy.
2. The right to expect a product to be safe.
3. The right to expect the product to perform as claimed.
Important Information to be known by Consumerism :
1. Ingredients of a product
2. Manufacturing date and expiry date.
3. Whether the product has been manufactured against an established law of nature or involved in rights violation.
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