knowt logo

Chapter 23: Consumer Rights and Responsibilities

Consumer Rights

The Consumer Bill of Rights

  • In 1962, President John F. Kennedy outlined what he called the Consumer Bill of Rights.

    • The bill stated that every person has four basic consumer rights—the right to be informed, the right to choose, the right to safety, and the right to be heard.

  • These rights received a lot of attention from the consumer movement, a movement to pass laws protecting consumers from unfair and unsafe business practices.

  • As a consumer, you have a right to receive accurate information.

  • Because the United States has a market economy, its consumers can choose from a wide variety of goods and services.

  • You have a right to products that are safe to use.

    • Product liability is the legal responsibility that manufacturers have to make a safe product.

  • Consumers who have complaints about products or services have a right to be heard.

    • Sometimes products do not work properly after they are purchased.

      • Usually if a customer takes a defective item back to a store with a receipt, the business will replace it or issue a refund.

  • Consumers have the right to learn how a market system works.

  • There are always some businesses that do not operate in the best interests of the consumer.

    • Some might try a tactic known as bait and switch.

      • Bait and switch is a sales tactic in which buyers are tempted by an advertised bargain but are then persuaded to buy a more expensive item instead.

  • Customers have a right to be treated in a respectful and courteous manner.

Consumer Responsibilities

Your Responsibilities as a Consumer

  • As a consumer, you have the responsibility to educate yourself.

  • Responsible consumers know what they are buying.

    • Before making a major purchase, you should always do some homework.

  • Responsible consumers make comparisons to find the best product or service at the best price.

  • Many consumer choices can affect the environment

    • Illegal dumping can harm natural habitats.

    • All of these things contribute to pollution, the contamination of air, water, and land.

      • Pollution is caused by waste from products as well as the ways we use them.

  • As the population grows, the demand for resources increases.

  • Conservation is the process of preserving, protecting, and planning the management of resources.

  • Recycling involves collecting products for processing so that they can be used again.

  • Consumers must follow the instructions provided in product manuals or other materials on the safe use of products.

  • Responsible consumers can help improve the policies and products of the businesses where they shop.

  • If you object to a company’s policies or products, you could organize a boycott, a refusal to buy its goods or services.

  • Part of being a good consumer is getting the best value for your money.

  • You have a responsibility to seek a remedy for a defective product.

Chapter 23: Consumer Rights and Responsibilities

Consumer Rights

The Consumer Bill of Rights

  • In 1962, President John F. Kennedy outlined what he called the Consumer Bill of Rights.

    • The bill stated that every person has four basic consumer rights—the right to be informed, the right to choose, the right to safety, and the right to be heard.

  • These rights received a lot of attention from the consumer movement, a movement to pass laws protecting consumers from unfair and unsafe business practices.

  • As a consumer, you have a right to receive accurate information.

  • Because the United States has a market economy, its consumers can choose from a wide variety of goods and services.

  • You have a right to products that are safe to use.

    • Product liability is the legal responsibility that manufacturers have to make a safe product.

  • Consumers who have complaints about products or services have a right to be heard.

    • Sometimes products do not work properly after they are purchased.

      • Usually if a customer takes a defective item back to a store with a receipt, the business will replace it or issue a refund.

  • Consumers have the right to learn how a market system works.

  • There are always some businesses that do not operate in the best interests of the consumer.

    • Some might try a tactic known as bait and switch.

      • Bait and switch is a sales tactic in which buyers are tempted by an advertised bargain but are then persuaded to buy a more expensive item instead.

  • Customers have a right to be treated in a respectful and courteous manner.

Consumer Responsibilities

Your Responsibilities as a Consumer

  • As a consumer, you have the responsibility to educate yourself.

  • Responsible consumers know what they are buying.

    • Before making a major purchase, you should always do some homework.

  • Responsible consumers make comparisons to find the best product or service at the best price.

  • Many consumer choices can affect the environment

    • Illegal dumping can harm natural habitats.

    • All of these things contribute to pollution, the contamination of air, water, and land.

      • Pollution is caused by waste from products as well as the ways we use them.

  • As the population grows, the demand for resources increases.

  • Conservation is the process of preserving, protecting, and planning the management of resources.

  • Recycling involves collecting products for processing so that they can be used again.

  • Consumers must follow the instructions provided in product manuals or other materials on the safe use of products.

  • Responsible consumers can help improve the policies and products of the businesses where they shop.

  • If you object to a company’s policies or products, you could organize a boycott, a refusal to buy its goods or services.

  • Part of being a good consumer is getting the best value for your money.

  • You have a responsibility to seek a remedy for a defective product.

robot