Question on: JSS1 Business studies - Consumer, Market and Society
How does consumer education contribute to economic development?
View related lesson
Ask EduPadi AI for a detailed answer
Consumer education contributes to economic development by fostering a competitive and efficient marketplace. Informed consumers drive demand for quality products and services, encourage innovation and fair competition among businesses, and ultimately contribute to the growth and stability of the economy.
Add your answer
Please share this, thanks!
No responses