Which of the following statements about the consumerism movement is false:
A) Consumerism acts to counter the perceived excesses of capitalistic competition
B) Consumerism is active only in developed markets
C) Consumerism is active in controversies about prescription drugs and genetically modified crops
D) Consumerism seeks to protect developing country consumers from substandard products and false advertising.

Question

Quizplus · Accepted Answer

Consumerism is not limited to developed markets; it is a global movement that seeks to protect and inform consumers in both developed and developing countries. It addresses issues related to product safety, information transparency, and fair trade practices worldwide, including controversies about prescription drugs and genetically modified crops, and aims to counter the excesses of capitalistic competition.

Which of the Following Statements About the Consumerism Movement Is