Consumer Rights Introduction
The concept of consumer rights was introduced by President John F. Kennedy in 1962. It outlines four fundamental rights intended to protect consumers in the marketplace.
Right to Safety
The right to safety protects consumers from products that may cause harm. It led to the creation of agencies like the Consumer Product Safety Commission in the U.S.
Right to Information
This right ensures consumers receive accurate details about goods and services. Surprisingly, this pushed for nutrition labeling on food and transparency in advertising.
Right to Choose
Consumers have the right to select from a variety of products and services. It led to antitrust laws that prohibit monopolies and promote fair competition.
Right to be Heard
This right guarantees consumer interests will be considered during policy formation. It's surprisingly the backbone of consumer advocacy groups' influence on legislation.
Expanding Consumer Rights
Internationally, consumer rights have expanded to include sustainability and ethical practices in production. This is increasingly shaping how companies approach business globally.
Enforcement and Advocacy
Despite these rights, enforcement can be inconsistent. Consumer protection laws vary widely across countries, and international advocacy plays a crucial role in standardizing these rights.
Who introduced consumer rights concept?
President Theodore Roosevelt
President John F. Kennedy
President Franklin D. Roosevelt
Company
