Economics: Consumer rights

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8 Terms

1
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Basic Needs

Guarantee survival, adequate food, clothing, shelter, healthcare, education, sanitation; Accessibility (quantity, affordability)

2
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Safety

Protected against marketing of goods or provision of services hazardous to health and life

3
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Information

Protected against fraudulent/dishonest or misleading advertisements; labeling/promotion; Given the facts and information needed to make an informed choice

4
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Choose

products at competitive prices with assurance of satisfactory quality

5
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Representation

Express consumer interests in the making and execution of government policies

6
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Redress

To be compensated for misrepresentation, shoddy goods, or unsatisfactory services; 3Rs (Repair, Replace, Refund)

7
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Consumer Education

Acquire the knowledge and skills necessary to be an informed consumer, Looking for reviews

8
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Healthy Environment

environment that is not threatening