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Essay / JFK Consumer Bill of Rights - 1036
JFK Consumer Bill of Rights Background Research PaperIntroductionJohn F Kennedy presented the 4th Consumer Bill of Rights to the US Congress on March 15, 1962. The 4th 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 extended to 8 rights by the UN, including the right to repair, the right to environmental health, the right to service and the right to consumer education. These 8 bills were then transformed into a United Nations charter. Many countries around the world have adopted the Consumer Bill of Rights, implemented their own consumer rights laws, and are constantly adapting and modifying these laws in the face of global and technological changes. However, little research has been conducted to identify the primary causes of JFK's proposed Consumer Bill of Rights. This article aims to analyze the historical, economic, and political context of the United States, as well as discuss the rise of big business in the United States, in order to better understand the need for JFK to propose the Consumer Bill of Rights. the U.S. Congress.Market Conditions in the 1950sAfter World War II, the U.S. government recognized the need to stimulate the economy in order to pull the country out of the postwar recession.The market in the 1950s did not offer very little consumer protection. This meant that consumers had very little access to defenses to protect them against misleading or ambiguous marketing practices or defective products. Additionally, the credit repair process was very illusory. Increasing the efficiency and productivity of the American economy The 1960s in the United States saw rapid development of technology...... middle of paper ...... and subject to corporate power. The government has recognized its responsibility to protect the interests of consumers when they are disadvantaged and powerless to help or defend themselves by helping consumers understand their rights and responsibilities within the marketplace. As a result, the Consumer Bill of Rights was developed and proposed by JFK to help consumers by enabling them to obtain better consumer protection and also through the many other consumer protection policies that the bill sparked in the whole world. Conclusion In conclusion, it took massive changes, including the rise of large corporations, advances in technology, changes in the nature of products and services, and a widespread consumer movement for the U.S. government to recognize its need to 'intervene and protect consumers who have not been able to defend themselves against malicious companies..