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Who are the sellers in a weekly market? Why don't we find big business persons in these markets?
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Who are the sellers in a weekly market? Why don't we find big business...
Who are the Sellers in a Weekly Market?
Weekly markets are vibrant places where local sellers gather to sell their goods. The sellers typically include:
  • Local Farmers: They bring fresh produce like fruits, vegetables, and grains.
  • Artisans: Craftsmen and women sell handmade items, such as pottery, textiles, and jewelry.
  • Small Business Owners: These might be local shopkeepers who sell food items, clothing, and household goods.
  • Street Food Vendors: They offer a variety of affordable and tasty local snacks and meals.

Why Don't We Find Big Business Persons in These Markets?
The absence of big business persons in weekly markets can be attributed to several factors:
  • Local Focus: Weekly markets cater to local communities, and big businesses often target larger markets with extensive distribution networks.
  • Cost Structure: Big businesses have higher operating costs and may find it unprofitable to sell in small, informal settings.
  • Product Variety: Weekly markets emphasize diverse, locally-sourced products, while big businesses often specialize in mass-produced goods.
  • Regulatory Constraints: Large companies may face regulations that make it difficult for them to operate in informal markets.

Conclusion:
Weekly markets are essential for local economies, providing opportunities for small-scale sellers to connect with their communities. They reflect the richness of local culture and offer consumers a chance to support local entrepreneurs.
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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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