Advertisements
Advertisements
Question
Who are the sellers in a weekly market? Why don’t we find big business persons in these markets?
Advertisements
Solution
- Small traders are the sellers in a weekly market.
- Big business persons are not found in a weekly market because of their large shops permanently fixed in a place. It is not convenient to shift the shop from place to place daily.
RELATED QUESTIONS
Compare and contrast a weekly market and a shopping complex on the following:
| Market | Kind of goods sold | Prices of goods | Sellers | Buyers |
| Weekly market | ||||
| Shopping complex |
Very Short Type Question:
Why is a weekly market called so?
Very Short Type Question:
Why is there a competition among the shops in the weekly market?
Very Short Type Question:
Who is Sameer? What does he do?
Very Short Type Question:
Where are goods produced?
Very Short Type Question:
What is done in the wholesale markets?
Short Type Question:
How are shop owners in a weekly market and those in a shopping complex very different people?
Why do people go to a weekly market? Give three reasons.
Why are things cheap in the weekly market?
Explain with an example how people bargain in the market. Can you think of a situation where the bargain would be unfair?
