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The theme of 2018 World Consumer Rights Day (WCRD) is;
  • a)
    Building a digital world consumers can trust
  • b)
    Making Digital Marketplaces Fairer
  • c)
    Antibiotics off the menu
  • d)
    Consumer Justice Now!
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The theme of 2018 World Consumer Rights Day (WCRD) is;a)Building a dig...
The World Consumer Rights Day (WCRD) is observed every year on March 15 to promote basic rights of all consumers, demanding that those rights are respected and protected. It also gives people a chance to protest against the market abuses and social injustices. On this day in 1962, President John F Kennedy formally addressed the issue of consumer rights in US Congress. He was the first world leader to do so, and the consumer movement now marks that date every year as a means of raising global awareness about consumer rights. The first World Consumer Rights Day was observed in 1983 and has since become an important occasion for mobilizing citizen action. The 2018 theme is 'Making Digital Marketplaces Fairer'. In India, besides the World Consumer Rights Day, we observe the National Consumer Day on 24th of December every year.
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The theme of 2018 World Consumer Rights Day (WCRD) is;a)Building a dig...
The theme of the 2018 World Consumer Rights Day (WCRD) is "Making Digital Marketplaces Fairer".
- **Importance of Fair Digital Marketplaces**
Digital marketplaces have become increasingly popular for consumers to shop online. However, with the rise of e-commerce platforms, there is a need to ensure that these digital marketplaces are fair and transparent for consumers.
- **Challenges Faced by Consumers**
Consumers often face issues such as misleading product information, unfair pricing strategies, and inadequate consumer protection policies when shopping online. This can lead to consumers feeling exploited and having a lack of trust in digital marketplaces.
- **Objective of the Theme**
The theme of "Making Digital Marketplaces Fairer" aims to highlight the importance of creating a level playing field for consumers in the digital marketplace. It calls for stricter regulations and enforcement mechanisms to protect consumers from unfair practices.
- **Consumer Empowerment**
By advocating for fair digital marketplaces, consumers can be empowered to make informed decisions when shopping online. This can help build trust between consumers and online retailers, leading to a more sustainable and ethical digital marketplace.
- **Role of Consumer Rights Organizations**
Consumer rights organizations play a crucial role in promoting the theme of making digital marketplaces fairer. They can raise awareness about consumer rights, advocate for policy changes, and provide support to consumers who have been victims of unfair practices.
In conclusion, the theme of the 2018 World Consumer Rights Day emphasizes the need to create fair and transparent digital marketplaces to protect consumer interests. By addressing the challenges faced by consumers in the online shopping environment, we can work towards building a more trustworthy and ethical digital marketplace for all stakeholders involved.
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The theme of 2018 World Consumer Rights Day (WCRD) is;a)Building a digital world consumers can trustb)Making Digital Marketplaces Fairerc)Antibiotics off the menud)Consumer Justice Now!Correct answer is option 'B'. Can you explain this answer?
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