HUEC 1000 Lecture : Family Notes
Document Summary
Consumerism: the belief that consumers should make rational, informed choices, and to take responsibility for those choices. Consumer- a person who acquires goods and services for ultimate consumption or use by a person, family, or household. Household- all persons related and unrelated living together. Consumer protection movement: three major periods of consumer protection activity, late 1800s to early 1900s. Major legislation passed in response: consumer protection agencies. Federal trade commission (ftc) 1914: created by congress, to prevent unfair and deceptive trade practices, became active in third period of consumer protection movement. Food and drug administration (fda) 1906: created by congress, to protect the nation"s health in the areas of food and drugs, oversees all new drug testing and approvals. Inspects food plants, regulates food additives, food labeling: 1930"s, great depression, food and drug problems, late 1950"s to early 1960"s, tragedy of thalidomide, automobile, consumer bill of rights 1962.