Consumer protection is a legal instrument created to protect and fulfill consumer rights. For example, sellers are required to show price signs as a sign of notification to consumers.
Benefits of Consumer Protection
:
Aligning the position between business people and consumers
Creating healthy and mutually beneficial market conditions between the two parties
Improve aspects of financial product and service transparency
Providing benefits in developing business entities
Useful for the government and related institutions in creating prudent financial service behavior and creating consumers and people who understand financial products and services
The scientific revolution, which emphasized systematic experimentation as the most valid research method, resulted in developments in mathematics, physics, astronomy, biology, and chemistry. These developments transformed the views of society about nature.
