Explain how can consumers become better educated

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Should the Government increase, decrease or remain the same in its level of intervention when it comes to mandating that companies provide product information to consumers? What happened to "caveat emptor" (buyer beware)?

Can you think of examples where the government does not intervene enough when it comes to consumer safety and product information? Examples where too much intervention is the case?

How can consumers become better educated about the products they are considering for purchase? To what extent do you personally go to acquire the best information available?

Reference no: EM13238467

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