Extra QAs Ch.

7 Civics
Market Around Us
I. Very Short Answer Type Questions

1: Who is a retailer?

Answer: Traders who sell good to the consumers

2: Who is a wholesale trader?

Answer: People or traders who buy and sell thing in bulk and sold them to other traders

3: State an advantage of weekly market.

Answer: Most of the things we need are available at one place.

4: Why branded goods are expensive as compared to non-branded goods?

Answer: Branded goods are often promoted by advertising, which costs a lot and thus are
expensive.

5: Why fewer people can afford to buy branded goods?

Answer: Because these goods are expensive

6: The people in between the producer and final consumer are __________________.

Answer: Traders

7: What is the importance of chain of market?

Answer: It is because of chain of market that goods produced at one place reaches people
everywhere

8: Define wholesale.

Answer: Wholesale means buying and selling of goods and products in very large
quantities.
9: What is chain of market?

Answer: A series of markets that are connected like links forms chain of market.
Products passes from one market to another.

10. Why is weekly market so called?

Answer: A weekly market is so called because it is held on a specific day of the week.

11. Name some roadside stalls.

Answer: Some roadside stalls are vegetable hawker, the fruit vendor and the mechanic.

12. What is wholesale market?

Answer: This is a place where goods first reach and are then supplied to other traders.

13. How buyers are differently placed?

Answer: Buyers are differently placed. There are many who are not able to afford the
cheapest of goods while others are busy shopping in malls.

14. Why is there a competition among the shops in the weekly market?

Answer: In a weekly market there are many shops selling the same goods which creates
competition among them.

II. Short Answer Type questions.

15.How are shops in neighbourhood useful to us?

Answer: Shops in the neighbourhood are useful in many ways. They are near our home
and we can go there on any day of the week. Usually, the buyer and seller know each
other and these shops also provide goods on credit.

16.What are the different kinds of shops that you find in your neighbourhood? What do
you purchase from them?

Answer: Shops that sell goods and services in our neighbourhoods are departmental
stores, other shops such as stationery, eatables or medicines and roadside stalls such as
the vegetable hawker, the fruit vendor, the mechanic, etc. We buy milk from the dairy,
groceries from departmental stores, stationery, eatables or medicines from other shops.

III. Long Answer type Questions.

17.Why do people not bargain in shops located in malls whereas they bargain in weekly
markets?

Answer: People do not bargain in shops located in malls whereas they bargain in weekly
markets because malls sell expensive and branded goods at the fixed price rate. The rates
of products sold in malls are generally high due to addition of establishment cost that are
added up like security charge, govt. service charges sale taxes, rent of the shop electricity
charges, wages of the hired labours etc.

18.Write a short note on shopping complexes and malls.

Answer: There are other markets in the urban area that have many shops, popularly
called shopping complexes. These days, in many urban areas, we also have large multi-
storeyed air-conditioned buildings with shops on different floors, known as malls. In
these urban markets, we get both branded and non-branded goods. Branded goods are
expensive, often promoted by advertising and claims of better quality. The companies
producing these products sell them through shops in large urban markets and, at times,
through special showrooms.