English

Give one difference between Primary market and secondary market. - Commercial Applications

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Question

Give one difference between Primary market and secondary market.

Distinguish Between
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Solution 1

Primary Market Secondary Market
This is a market wherein primary producers sell their agricultural products to the wholesalers or agents. This is a market where wholesalers sell their products to retailers.
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Solution 2

Basis of Distinction Primary Market Secondary Market
Participants Producers sell products to Wholesaler and agents Wholesalers sell to retailers
Stage First Second
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Chapter 1: Markets and Marketing - EXERCISES [Page 12]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 1 Markets and Marketing
EXERCISES | Q 8. (a) | Page 12
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 1 Markets and Marketing
QUESTION BANK | Q 24. (ii) | Page 17
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