CBSE Civics Class 7
Markets Around Us
Markets Around Us - Chapter Wise CBSE Solved Question and Answer Based On NCERT
Very Short Q&A:
Q1: Neighbourhood markets often give goods to their regular customers on ____________.
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Q2: The shopping malls mostly sells ________________items.
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Q3: Exporters get the maximum work out of the workers at the lowest possible wages. In this way they maximize their own profit. True/ False
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Q4: Markets that cater to the immediate needs of an area are called
- Super market
- Neighbourhood market
- Malls
- All of these
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Ans:
Neighbourhood market
Q5: People who buy and sell thing in bulk are called -----------
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Q6: Who is a retailer?
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Ans:
Traders who sell good to the consumers
Q7: Who is a wholesale trader?
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Ans:
People or traders who buy and sell thing in bulk and sold them to other traders
Q8: Make a list of permanent shops in your neighbourhood.
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Q9: Make a list of temporary shops in your neighbourhood.
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Q10: Raj mother asked him to get some cheap plastic containers, from where he should purchase the containers- road side markets or permanent market?
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Q11: State an advantage of weekly market.
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Ans:
Most of the things we need are available at one place.
Q12: The market that held on specific day of the weak is called
- Permanent market
- Weekly market
- Wholesale market
- Neighbourhood market
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Q13: Find out the name of area of wholesale market in your city.
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Q14: Why branded goods are expensive as compared to non-branded goods?
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Ans:
Branded goods are often promoted by advertising, which costs a lot and thus are expensive.
Q15: Why fewer people can afford to buy branded goods?
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Ans:
Because these goods are expensive
Q16: The people in between the producer and final consumer are __________________.
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Q17: For buying and selling, shops are must in the market. True/ False
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Q18: These days’ goods can be delivered at home through internet also. True/False
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Q19: Which of the following can be used for online purchase
- Credit cards
- Debit cards
- Both a and b
- Smart cards
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Q20: What is the importance of chain of market?
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Ans:
It is because of chain of market that goods produced at one place reaches people everywhere
Q21: Define wholesale.
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Ans:
Wholesale means buying and selling of goods and products in very large quantities.
Q22: What is chain of market?
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Ans:
A series of markets that are connected like links forms chain of market. Products passes from one market to another.
