Markets Around Us TMP

What are the different types of markets?

• Mall of Travancore

• Shops

• Hawker's stall

• Weekly Market

True or False

A weekly market is held on a specific day of the week

• True

• False

Weekly markets have permanent shops

• True

• False

Items in the weekly market are cheaper because __________

• The shopkeepers have to pay rent and bills

• The shopkeepers doesn't have to pay wages to the workers

• They are of low quality

• They come from China

True or False

The shops in our neighborhood can provide goods on credit

• True

• False

Unbranded goods are costly

• True

• False

Answer explanation

Branded goods are costly

Why are branded goods expensive?

• Because they have poor quality

• Because they are promoted by Mohanlal (advertising)

• Because they are sold worldwide

• Because they are made by Russia

Where are goods produced?

(More than 1 answer may be there)

• Factories

• Lok Sabha

• Rajya Sabha

• Farms

________ are the people in between producer and the consumer

• Artisans

• Presidents

• Traders

• MPs

_________ traders buys the product directly from the producers

• Wholesale

• Retail

• Cheapsale

• Football