Think of one example from your experience where you thought that there was some ‘cheating’ in the market. Discuss in the classroom.

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Chapter 5 NCERT Class 10 Economics SOLUTIONS

2. Think of one example from your experience where you thought that there was some ‘cheating’ in the market. Discuss in the classroom.

Question:

Think of one example from your experience where you thought that there was some ‘cheating’ in the market. Discuss in the classroom.

Answer:

Students should do this on the basis of their own experience with the help of their teacher.

More NCERT Questions

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(All Q's of this Chapter solved)

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What is the rationale behind the enactment of Consumer Protection Act 1986?

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Mention a few factors which cause exploitation of consumers.

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Why are rules and regulations required in the marketplace? Illustrate with a few examples.

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The following are some of the catchy advertisements of products that we purchase from the market. Which of the following offers would really benefit consumers? Discuss.

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People make complaints about the lack of civic amenities such as bad roads or poor water and health facilities but no one listens. Now the RTI Act gives you the power to question. Do you agree? Discuss.

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When we buy commodities we find that the price charged is sometimes higher or lower than the Maximum Retail Price printed on the pack. Discuss the possible reasons. Should consumer groups do something about this?

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For the following (you can add to the list) products/services discuss what safety rules should be observed by the producer?

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There may be rules and regulations but they are often not followed. Why? Discuss.

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What could have been the steps taken by consumer groups?

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What do you think should be the role of the government to protect consumers?

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What are the various ways by which people may be exploited in the market?

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