Jfk's Consumer Bill Of Rights

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Research Paper on the Background of JFK’s Consumer Bill of Rights

Introduction

John F Kennedy presented the 4 Consumer Bill of Rights to the US congress on March 15, 1962. The 4 Consumer Bill of Rights that JFK presented were the right to safety, the right to be informed, the right to choose and the right to be heard. It was later expanded to 8 rights by the UN, including the the right to redress or remedy, the right to environmental health, the right to service and the right to consumer education. These 8 Bills were then made into a UN charter.

Many countries across the world have adopted the Consumer Bill of Rights, enforced their own consumer rights laws, and are constantly adapting and altering these laws in the face of global and technological changes. However, little research has been performed in order to identify the primary causes of JFK’s proposal of the Consumer Bill of Rights. This paper aims to analyse the historical, economic, and political background of the US, as well as discuss the rise of big businesses in the US, in order to gain a better understanding of JFK’s need for the proposal of the Consumer Bill of Rights to the US Congress.

Market Condition during the 1950s

After the Second World War, the US Government recognized the need to boost the economy in order to lift the country out of post-war recession.

The marketplace during the 50s provided very little protection for its consumers. What this meant was that consumers had very little access to defence to protect them against misleading or ambiguous business practices or faulty products. Also, the process of credit repair was very illusory.

Increasing Efficiency and Productivity of US Economy

The 1960s in the US saw rapid development in techno...

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...ed submissive to the businesses in power. The government recognized that it was their responsible to protect the interests of consumers when they are disadvantaged and are powerless to help or defend themselves by helping consumers comprehend their rights and responsibilities within the market.

As a result the Consumer Bill of Rights was drawn up and proposed by JFK to help consumers by allowing them to gain better consumer protection and also through the many other consumer protection policies that the Bill spurred worldwide.

Conclusion

In conclusion, it took massive change, including the rise of big businesses, advancement of technology, changes in the nature of products and services, and widespread consumer movement for the US government to recognize their need to step in and protect consumers who were unable to defend themselves from malicious businesses.

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