List some different types of markets? Related: NCERT Solution: Chapter 8 - Market Around Us ,SST, Class 7

Question

List some different types of markets?  Related:  NCERT Solution: Chapter 8 - Market Around Us ,SST, Class 7

Answer

Why did u posted ur photo

this group is not mean for that

Answer

There are different types of market are :
1.Weekly market
2.Wholesale market
3.Neighbourhood market
4.Mall etc

Answer

Answer

Different Types of Markets

There are various types of markets that exist based on different factors such as the nature of goods and services being traded, the location, and the target customers. Some of the different types of markets are:

1. Local Markets:
- These markets are located in a specific local area, such as a neighborhood or a small town.
- They cater to the needs of the local community and offer a wide range of goods and services.
- Local markets are usually small in size and are characterized by face-to-face transactions.

2. Regional Markets:
- Regional markets cover a larger area than local markets and serve a larger population.
- These markets attract customers from multiple towns or cities within a specific region.
- Regional markets may have a wider variety of products and services compared to local markets.

3. National Markets:
- National markets encompass an entire country or nation.
- They involve the distribution and exchange of goods and services across different regions within a country.
- National markets are characterized by a large customer base and a wide range of products.

4. International Markets:
- International markets involve the buying and selling of goods and services between different countries.
- These markets facilitate global trade and are influenced by factors such as exchange rates, import/export regulations, and cultural differences.
- International markets can be accessed through various channels, including importers, exporters, and online platforms.

5. Physical Markets:
- Physical markets refer to traditional marketplaces where buyers and sellers meet in person to conduct transactions.
- These markets can be found in physical locations such as shopping malls, bazaars, and supermarkets.
- Physical markets allow customers to physically examine and purchase products.

6. Virtual Markets:
- Virtual markets, also known as online markets or e-commerce platforms, operate in the digital realm.
- These markets enable buyers and sellers to interact and trade electronically through websites, mobile apps, or social media platforms.
- Virtual markets offer convenience, wider product options, and the ability to reach a global customer base.

7. Stock Markets:
- Stock markets are platforms where shares of publicly traded companies are bought and sold.
- Investors can trade stocks, bonds, and other financial instruments in stock markets.
- Stock markets play a vital role in raising capital, facilitating investment, and determining stock prices.

Overall, markets are diverse and continuously evolving to meet the changing demands of consumers and businesses. The type of market one engages in depends on various factors such as location, nature of goods and services, and target audience.

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