market around us
Questions
related to market around us
(H.W)
1. Describe
the types of markets around us.
2. What is
weekly market ? Give its advantage and disadvantages.
3. Give
details about neighbourhood markets and its advantages.
.
5. What is
mall and what are the features of mall?
6. What is
target marketing?
7. What is
online purchasing?
8. How the
inequalities spread in the markets.
Exercise
questions
1. In what ways is a hawker different from a shop owner?
Answer
Answer
|
Hawker
|
Shop Owner
|
|
(i) Do not have
permanent shops.
|
(i) Have permanent
shops.
|
|
(ii) Generally sells
non branded items, fruits, vegetables, cutlery etc.
|
(ii) Sells branded as
well as non branded items.
|
|
(iii) Don't have
expenses like electricity bills, rents, workers etc.
|
(iii) Have expenses
like electricity bills, rents, workers etc.
|
|
(iv) Sells products at
cheaper rate.
|
(iv) Sells cheaper as
well as costlier products.
|
3.
Explain how a chain of markets is formed. What purpose does it serve?
Answer
Chain of markets is formed through various levels in the markets. For example,
(i) Vegetables are produced on farms.
(ii) The vegetable wholesale trader buys goods in large quantities.
(iii) These will then be sold to other traders.
(iv) Retailers took these vegetables to the market where consumer buy these.
Purpose it serve:
(i) Consumer can easily buy goods of far off places in the local markets.
(ii) Factories and producers need not to find their consumer directly.
(iii) Provides employment to the large numbers of people.
4. '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.
Answer
All persons have equal rights to visit any shop in a marketplace but this is however not true for shops with expensive products. For example:
(i) Big commercial shops don't allow the poor people to enter their shops sometimes. They considered them as inferior and thought as not able to buy their products.
(ii) People from lower income group cannot afford to buy branded products and hesitate to enter the shop.
5. 'Buying and selling can take place without going to a marketplace.' Explain this statement with the help of examples.
Answer
(i) Buying and selling can take place without going to a marketplace as there are many e-commerce companies providing home delivery for free.
(ii) People can order products from these companies and get it delivered to their home without visiting the market.
(iii) Some local shops also provide order on phone facility and people can order their good just by a call.
(iv) Plastic money and internet banking made it easier to provide alternate source of payment for buying from the virtual market.
Go to Chapters
Answer
Chain of markets is formed through various levels in the markets. For example,
(i) Vegetables are produced on farms.
(ii) The vegetable wholesale trader buys goods in large quantities.
(iii) These will then be sold to other traders.
(iv) Retailers took these vegetables to the market where consumer buy these.
Purpose it serve:
(i) Consumer can easily buy goods of far off places in the local markets.
(ii) Factories and producers need not to find their consumer directly.
(iii) Provides employment to the large numbers of people.
4. '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.
Answer
All persons have equal rights to visit any shop in a marketplace but this is however not true for shops with expensive products. For example:
(i) Big commercial shops don't allow the poor people to enter their shops sometimes. They considered them as inferior and thought as not able to buy their products.
(ii) People from lower income group cannot afford to buy branded products and hesitate to enter the shop.
5. 'Buying and selling can take place without going to a marketplace.' Explain this statement with the help of examples.
Answer
(i) Buying and selling can take place without going to a marketplace as there are many e-commerce companies providing home delivery for free.
(ii) People can order products from these companies and get it delivered to their home without visiting the market.
(iii) Some local shops also provide order on phone facility and people can order their good just by a call.
(iv) Plastic money and internet banking made it easier to provide alternate source of payment for buying from the virtual market.
Go to Chapters
Thank you mam for it plz put the extra or important question answers of ch 8 civis
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