NCERT Solution for Class 7 Civics Chapter 7 Market Around Us
Question 1 :
In what ways is a hawker different from a shop owner?
Answer:
| Hawker | Shop owner |
| (i) Do not have permanent shop | (i) Have permanent shops |
| (ii) Genrally sells non branded items, fruits,vegetable,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. |
Question 2 :
Compare and contrast a weekly market and a shopping complex on the following:
| Market | Kind of goods sold | Prices of goods | sellers | Buyers |
| Weekly market | ||||
| Shopping complex |
Answer:
| Market | Kind of goods sold | Prices of goods | sellers | Buyers |
| Weekly market | Non branded Compromised quality | Cheaper | Small investors ,Local | Locals, low income,poors |
| Shopping complex | Branded , Good quality | costlier | International compaies , Big Investors | People from big cities ,High income ,Rich |
Question 3:
Explain how a chain of markets is formed. What purpose does it serve?
Answer:Chain of markets is a series of markets that are connected like links in a chain because products pass from one market to another.
- Vegetables are produced on farms.
- The vegetable wholesale trader buys goods in large quantities.
- These will then be sold to other traders.
- Retailers take these vegetables to the market where consumers buy these.
- Consumer can easily buy goods of far off places in the local markets.
- Factories and producers need not to find their consumer directly.
- It encourages production and new opportunities are created for people to earn.
- Provides employment to the large numbers of people.
Question 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:
- 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.
- People from lower income group cannot afford to buy branded products and hesitate to enter the shop.
Question 5 :
'Buying and selling can take place without going to a marketplace.' Explain this statement with the help of examples.
Answer:
- Buying and selling can take place without going to a marketplace as there are many e-commerce companies providing home delivery for free.
- People can order products from these companies and get it delivered to their home without visiting the market.
- Some local shops also provide order on phone facility and people can order their good just by a call.
- Plastic money and internet banking made it easier to provide alternate source of payment for buying from the virtual market.
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