Markets Around Us

What are different types of markets?

• Weekly

• Neighbourhood

• Mall

• All of these

Why is weekly market called so?

• Because it is held on a specific day of the week

• Because it is held on alternate days

• Because it is held daily

• All of the above

Shopkeepers in a weekly market are

• Small traders

• Large traders

• Wholesalers

• All of the above

What refers to buying and selling in large quantities?

• Weekly market

• Mall

• Wholesale

• Cineplex

What are the link between producers and traders?

• customer

• wholesaler

• retailer

• none of these

What are the benefits of neighbourhood shops?

• They are near to our home

• We can go there on any day of the week

• They can provide goods on credit

• All of the above

What is done in wholesale markets?

• Goods are very high in price

• Goods reach here in the end

• Goods reach here first

• None of the above

Who is a retailer?

• small trader

• sales man

• wholesaler

• none of the above

Where are shopping complex and malls found?

• rural areas

• urban areas

• both a and b

• None of these

where do you find shopping complexes?

• Rural area

• Urban area

• Both 1 and 2

• None of these