When is World Consumer Day Observed?
VerifiedExplanation:
World Consumer Day is observed annually on March 15th to raise awareness about consumer rights and promote consumer protection worldwide. This special day was established to honor President John F. Kennedy's historic speech to the United States Congress on March 15, 1962, where he became the first world leader to formally address consumer rights.
In his groundbreaking speech, President Kennedy outlined four fundamental consumer rights that form the foundation of consumer protection today. These include the right to safety, the right to be informed, the right to choose, and the right to be heard. His vision emphasized that consumers have the right to expect products and services that are safe, reliable, and fairly priced.
The day was first officially recognized by Consumers International in 1983, and since then, it has become a global platform for promoting consumer awareness and education. Every year, World Consumer Day focuses on a specific theme that addresses current consumer issues and challenges. These themes range from digital rights and sustainable consumption to fair pricing and product safety.
Governments, consumer organizations, and businesses around the world participate in World Consumer Day by organizing various activities and campaigns. These include educational seminars, awareness drives, policy discussions, and initiatives to strengthen consumer protection laws. The day serves as an opportunity to highlight ongoing consumer issues and advocate for stronger consumer rights legislation.
In today's digital age, World Consumer Day has become increasingly relevant as it addresses modern challenges such as online fraud, data privacy, e-commerce disputes, and digital payment security. The observance encourages consumers to be more informed about their rights and empowers them to make better purchasing decisions while promoting fair business practices globally.
