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WEEK 1
TOPIC: CONSUMER PROTECTION AGENCIES
CONTENT:
Sub topic 1:
(A) MEANING OF CONSUMER PROTECTION
Consumer protection is the government regulation made to protect the interests of consumers against exploitation by producers or manufacturers and ensuring maximum satisfaction. Hike in price, substandard goods, varying prices and inconsistent weight are some of the actions of producers that consumers are protected against.
(B) NEED FOR CONSUMER PROTECTION
These are the needs/reasons for consumer protection:
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