हिंदी

Classify markets on the basis of geographical area. - Economics

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प्रश्न

Classify markets on the basis of geographical area.

वर्गीकरण करो
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उत्तर

Geographical area
Local Market
Regional Market
National Market
International Market

 

Explanation:

  1. Local Market: This is a market where buying and selling are limited to a local area, such as a village, town, or city.
  2. Regional Market: This is a market where buying and selling are restricted to a particular region or state, such as Southern India.
  3. National Market: This is a market wherein buying and selling activities are limited within the boundaries of a particular country, e.g., India.
  4. International Market: This is a market wherein buying and selling involve buyers and sellers from several countries, such as the European Union.
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