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Match the Market Terms with their Definitions:
a. Weekly Market
b. Shopping Complex
c. Wholesaler
d. Putting-Out System
i. Held on a specific day of the week, no permanent shops.
ii. Multi-storied air-conditioned building with shops on different floors.
iii. Trader who buys in bulk from the producer and sells to retailers.
iv. Merchant supplies raw materials to weavers and receives finished products.
  • a)
    a. - i, b. - ii, c. - iii, d. - iv
  • b)
    a. - ii, b. - i, c. - iii, d. - iv
  • c)
    a. - iv, b. - i, c. - ii, d. - iii
  • d)
    a. - i, b. - iv, c. - ii, d. - iii
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Match the Market Terms with their Definitions:a. Weekly Marketb. Shopp...
Option A correctly matches the Market Terms with their definitions.
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Short Q&A:Q1: Why weekly markets are cheaper than permanent shops?Ans : Permanent shops have to incur a lot of expenditure like shop rent, electricity, fees to the government etc., but a weekly market shop owner don’t have to bear these expenses. Permanent shops holder also have to pay wages to their workers but weekly market shop owner have helpers from their family members, and thus they don’t need to hire workers. And are cheaper than permanent shops.Q2: Why Neighbourhood market is preferred by the Indians?Ans : Neighbourhood markets are near our house, one can go there at any day of the week. The buyers and sellers know each other and these shops also provide goods on credits,Q3: Differentiate between shopping complexes and malls.Ans : Markets mostly in urban areas having many shops are called shopping complexes. In many urban areas there are large multi-storeyed air conditioned building with shops on different floors, knows as malls.Q4: Establish relationship between the market and the inequality?Ans : Shop owner in weekly market and in shopping complexes are different people. One is small trader with little money while other can spend lot of money. They also earn unequal amounts. Similarly buyers are also different, there are many who are not able to afford the cheapest goods while buys only branded items from shopping malls. Thus it forms an inequality amongst people.Q5: Differentiate between permanent and temporary shops.Ans : Permanent shops contains goods that are expensive in comparison to goods of temporary shops. Permanent shops store the things they sell in their shops but temporary shops owner store goods to be sold at their home. Long Q & A : Q1: What is a chain of market? Do you think that everyone gains equally in the market?Ans:A series of markets that are connected like links forms chain of market. Products passes from one market to another. Shop owner in weekly market and in shopping complexes are different people. One is small trader with little money while other can spend lot of money. They also earn unequal amounts. Similarly buyers are also different, there are many who are not able to afford the cheapest goods while buys only branded items from shopping malls. Everyone do not get equally in a market. Individual answer. Related: Short and Long Question Answers - Market Around Us?

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Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer?
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Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 7. Download more important topics, notes, lectures and mock test series for Class 7 Exam by signing up for free.
Here you can find the meaning of Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Match the Market Terms with their Definitions:a. Weekly Marketb. Shopping Complexc. Wholesalerd. Putting-Out Systemi. Held on a specific day of the week, no permanent shops.ii. Multi-storied air-conditioned building with shops on different floors.iii. Trader who buys in bulk from the producer and sells to retailers.iv. Merchant supplies raw materials to weavers and receives finished products.a)a. - i, b. - ii, c. - iii, d. - ivb)a. - ii, b. - i, c. - iii, d. - ivc)a. - iv, b. - i, c. - ii, d. - iiid)a. - i, b. - iv, c. - ii, d. - iiiCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Class 7 tests.
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