PPT: Market Around Us | Social Studies (SST) Class 7 PDF Download

 Page 1


Market
Market
around us
around us
Page 2


Market
Market
around us
around us
M a r k e t s
A market encompasses systems, institutions,
and social relations facilitating exchanges.
Most markets involve goods or services
exchanged for money.
Markets establish prices for goods and services.
Variations exist in market form, scale, location,
participants, and traded goods/services.
Common types of markets include shops,
neighborhood stalls, weekly markets, shopping
complexes, and malls.
Page 3


Market
Market
around us
around us
M a r k e t s
A market encompasses systems, institutions,
and social relations facilitating exchanges.
Most markets involve goods or services
exchanged for money.
Markets establish prices for goods and services.
Variations exist in market form, scale, location,
participants, and traded goods/services.
Common types of markets include shops,
neighborhood stalls, weekly markets, shopping
complexes, and malls.
Weekly Markets
A weekly market is so called because it is held on a
specific day of the week. eekly markets do not
have permanent shops. Traders set up shops for
the day and hen close them up in the evening. Ten
they mat set up at a different place the next day.
There are thousands of such markets in India.
People come here for everyday requirements.
Page 4


Market
Market
around us
around us
M a r k e t s
A market encompasses systems, institutions,
and social relations facilitating exchanges.
Most markets involve goods or services
exchanged for money.
Markets establish prices for goods and services.
Variations exist in market form, scale, location,
participants, and traded goods/services.
Common types of markets include shops,
neighborhood stalls, weekly markets, shopping
complexes, and malls.
Weekly Markets
A weekly market is so called because it is held on a
specific day of the week. eekly markets do not
have permanent shops. Traders set up shops for
the day and hen close them up in the evening. Ten
they mat set up at a different place the next day.
There are thousands of such markets in India.
People come here for everyday requirements.
Advantages of Weekly
Markets
Availability of many things - Most of the things we need are available at
one place. Whether you want vegetables, groceries or cloth items,
utensils — all of them can be found here. It's a place where the people
have a choice and a variety of goods.
Page 5


Market
Market
around us
around us
M a r k e t s
A market encompasses systems, institutions,
and social relations facilitating exchanges.
Most markets involve goods or services
exchanged for money.
Markets establish prices for goods and services.
Variations exist in market form, scale, location,
participants, and traded goods/services.
Common types of markets include shops,
neighborhood stalls, weekly markets, shopping
complexes, and malls.
Weekly Markets
A weekly market is so called because it is held on a
specific day of the week. eekly markets do not
have permanent shops. Traders set up shops for
the day and hen close them up in the evening. Ten
they mat set up at a different place the next day.
There are thousands of such markets in India.
People come here for everyday requirements.
Advantages of Weekly
Markets
Availability of many things - Most of the things we need are available at
one place. Whether you want vegetables, groceries or cloth items,
utensils — all of them can be found here. It's a place where the people
have a choice and a variety of goods.
Advantages of Weekly
Markets
Cheaper rates - Many things in weekly markets are available at cheaper
rates. This is because when shops are in permanent buildings, they
incur a lot of expenditure — they have to pay rent, electricity, fees, tax
etc. But in such markets, there are no such kind of problems.