Meaning of Consumer Responsibility - JSS2 Business studies Lesson Note
Consumer responsibility refers to the ethical and moral obligations that individuals have when engaging in the process of purchasing goods or services. It emphasizes the idea that consumers play an active role in the marketplace and have a duty to make informed, ethical choices that consider the broader impact of their consumption on themselves, others, and the environment.
Consumer responsibility recognizes that consumption is not just a personal transaction but also a social and environmental act that can have far-reaching consequences. It encourages consumers to be mindful of their purchasing decisions and to take accountability for the effects of their consumption patterns.