Question

Why should the government find it necessary to protect consumers?

Answer 1

Government protects consumers because;

• Consumers are likely to be exploited by business people while pursuing profit motive.
• Safeguards against poor health standards
• Consumers do not always know their rights
• Business people left on their own may lower standards of quality of products
• Consumers are weak because they act individually hence can‘t safeguard their rights due to lack of collective bargain.