ANSWER THE FOLLOWING QUESTIONS.
Q.1 Why things available in weekly markets are available at cheaper rates?
Ans. Things available in Weekly markets are available at cheaper rates because-
1. Permanent shops need a lot of expenditure but weekly markets shops don't need expenditure.
2. Permanent shop owners have to hire workers but weekly market shop owners are mostly
helped by their family members.
3. Permanent shop owners have to pay rent,electricity bill,fees to the government but weekly
market shop owners don't need to pay these things.
Q.2 What are the advantages of Weekly markets?
Ans. Advantages of Weekly markets are -
1. Many things in weekly markets are available at cheaper rates.
2. Most things that we need are available at one place so we don't need to move here and there.
3. Weekly markets offer a variety of goods.
Q.3 What are the uses of Neighbourhood shops?
Ans. Uses of Neighbourhood shops are-
1. They are near our home and we can go there on any day of the week.
2. These shops provide goods on credit that means we can pay later for the purchases.
3. The buyer and seller know each other.
Q.4 Who are called Traders?
Ans. The people between he producer and the final consumer are called Traders.
Q.5 What are Malls?
Ans. Multi- storeyed air -conditioned buildings with shops on different floors,known as Malls.
Q.6 Who are Retailers?
Ans. The Trader who finally sells goods to the consumer are called Retailers.
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