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How do small-scale fixed shop retailers contribute to the local economy?

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Question

How do small-scale fixed shop retailers contribute to the local economy?

Options

  • By eliminating wholesalers.

  • By providing employment and meeting the daily needs of the community.

  • By focusing only on luxury items.

  • By limiting customer choices.

MCQ
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Solution

By providing employment and meeting the daily needs of the community.

Explanation:

Small-scale, fixed-shop retailers play a vital role by generating employment and providing daily essentials conveniently to the local community.

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