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The consumer movement is an effort to promote consumer protection through an organized social movement, which is in many places led by consumer organizations.It advocates for the rights of consumers, especially when those rights are actively breached by the actions of corporations, governments, and other organizations that provide products and services to consumers.
Many predatory advertisers rely on the use of demonstrably false or otherwise deceitful claims to coerce consumers into market transactions. These can be incredibly hard to classify and regulate as some claims may be true at face-value, but rely on either tactical omissions of information or the contextual circumstances of the individual to draw inferences that may be false.
Consumer interests can also serve consumers, consistent with economic efficiency, but this topic is treated in competition law. Consumer protection can also be asserted via non-government organizations and individuals as consumer activism. Efforts made for the protection of consumer's rights and interests are: The right to satisfaction of basic ...
China is the world's fastest-growing consumer market. [28] [30] According to biologist Paul R. Ehrlich, "If everyone consumed resources at the US level, you will need another four or five Earths." [31] With the development of the economy, consumers' awareness of protecting their rights and interests is growing, and consumer demand is growing.
Historian Lawrence B. Glickman identifies the free produce movement of the late 1700s as the beginning of consumer activism in the United States. [7] Like members of the British abolitionist movement, free produce activists were consumers themselves, and under the idea that consumers share in the responsibility for the consequences of their purchases, boycotted goods produced with slave labor ...
Planned and perceived obsolescence is an important factor that explains why some overconsumption of consumer products exists. [24] This factor of the production revolves around designing products with the intent to be discarded after a short period of time. Perceived obsolescence is prevalent within the fashion and technology industries.
Market research is the collection and analysis of information about consumers, competitors and the effectiveness of marketing programs. [6] With market research, businesses can make decisions based on how the responses of the market, leading to a better understanding of how the business has to adapt to the changing market.
Consumer capitalism is a theoretical economic and social political condition in which consumer demand is manipulated in a deliberate and coordinated way on a very large scale through mass-marketing techniques, to the advantage of sellers.