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Market Around Us

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

WHO ARE WHOLE SALERS ?

a)

a wholesaler buys the product in bulk

b)

A person who sells things

c)

same as retailers

d)

just a show case

2.

who is a retailer ?

a)

a person who sells food

b)

A retailer is a person that sells goods directly to consumers

c)

just a show case

d)

dancing studio

3.

what is a market ?

a)

a regular place of people for the purchase of things

b)

a tourist place

c)

dance floor

d)

railway station

4.

what are the types of market

a)

amazon

b)

flipkart

c)

myntra

d)

all of the above

e)

none of the above

5.

the two main activities that take place in a market are _______and________ .

a)

buying and selling

b)

wholesaling and retailing

c)

dancing and singing

d)

jumping and sleeping

6.

__________ is something that is universally acceptable as a means of payment.

a)

money

b)

paper

c)

gold coins

d)

brass coins

7.

To prevent spoilage, ____________ goods have to be refrigerated.

a)

perishable

b)

fragile

c)

soft

d)

smooth

8.

A medical shop is an example of __________ shops.

a)

single line

b)

neighbourhood

c)

department store

9.

Markets that cater to the immediate needs of an area are called ___________ markets.

a)

neighbourhood

b)

single line

c)

departmental store

10.

People who buy and sell things in bulk are called

a)

wholesalers.

b)

retailers

c)

manufracturer

d)

consumer

11.

A ___________ store has many departments or sections in it.

a)

online market

b)

single line

c)

department

12.

Before the invention of money, people never traded.

a)

true

b)

false

13.

Marketing is the process of selling goods in the market.

a)

true

b)

false

14.

A weekly market is held every week in a different location

a)

true

b)

false

15.

A wholesale market is a place where producers bring their goods to be sold

a)

true

b)

false

16.

Location, price and quality are some of the factors that influence a consumer’s choice of market.

a)

true

b)

false