Civics

Markets Around Us

Question:

Do you see equality in the market? If not, why not? Explain with examples.[V. Imp.]
Or
Write in brief on market and equality'.

Answer:

We do not see equality in the market. Big and powerful business persons earn huge profits while small traders earn very little. For example, the shop owners in a weekly market and those in a shopping complex are two different people. One is a small trader who has little money to run the shop. Whereas the other has a lot of money to spend on the shop. The earning of these two people is also unequal. The weekly market trader earn little profit whereas the shopping complex owner gains huge income.
Not only the shop owners are different people, but also the buyers. In the market we see different types of buyers There are several buyers who Eire not able to afford even the cheapest of goods white others are busy shopping different luxurious items in malls.
Thus, we see no equality in the market place.

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Markets Around Us

Q 1.

Who is a retailer?

Q 2.

Who is a retailer?

Q 3.

How are shops in the neighbourhood useful?

Q 4.

Where are goods produced?

Q 5.

Give some examples of roadside stalls.

Q 6.

How are buyers different people?

Q 7.

Why do we not buy directly from the producer?    [V. Imp.]

Q 8.

Who is Aftab?

Q 9.

In what ways is a hawker different from a shop owner?

Q 10.

Who is Scuneer? What does he do?

Q 11.

Write in brief about shopping complexes and malls.

Q 12.

All persons have equal rights to visit any shop in a marketplace.' Do you think this is true of shops with expensive products? Explain with examples.

Q 13.

Why is a weekly market called so?

Q 14.

What is done in the wholesale markets?

Q 15.

What is the job of a wholesale trader?  [V. Imp.]

Q 16.

Do you see equality in the market? If not, why not? Explain with examples.[V. Imp.]
Or
Write in brief on market and equality'.

Q 17.

Write a brief note on Aftab the wholesaler in the city'.

Q 18.

Buying and selling can take place without going to a marketplace'. Explain this statement with the help of examples.

Q 19.

Why is there a competition among the shops in the weekly market? [V. Imp.]

Q 20.

Compare and contrast a weekly market and a shopping complex on the following:
ncert-solutions-for-class-7-civics-social-science-chapter-8-markets-around-us-1

Q 21.

How are shop owners in a weekly market and those in a shopping complex very different people?  [V. Imp.]

Q 22.

Explain how a chain of markets is formed. What purpose does it serve?