Consumer education is the preparation of an individual through skills, concepts and understanding that are required for everyday living to achieve maximum satisfaction and utilization of his resources.
It is defined as education given to the consumer about various consumer goods and services, covering price, what the consumer can expect, standard trade practice, etc.
It is part of the formal school curriculum in many places and incorporates knowledge from many disciplines, including but not limited to.
The 8 Consumer Rights:-
In order to safeguard consumer interest, 6 consumer rights were initially envisioned by consumer rights activists of the West, namely:
Right to Safety Right to Information Right to Choice Right to be Heard The Right to Redress The right to consumer education
- Advantages of consumer education
- Feedback for the business
- Producers and sellers will not take consumers for granted
- Government response
- Consumer - Producer interaction
Consumer education involves three parties:
Consumer Education Issues
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