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Markets Around Us — Social Science STD 7 — Question

Rajasthan BoardEnglish MediumSTD 7Social ScienceMarkets Around Us5 Marks
Question
Why are things cheaper in weekly markets?
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Answer

Things in a weekly market are cheaper because:
  • Shopkeepers do not spend much in terms of rent for shop, electricity, wages to workers or packaging of goods.
  • The sellers store goods at home and have vehicles to move around.
  • Their family members help them to produce or sell goods.
  • There are many sellers of the same product so, there is competition among them.
  • In weekly markets people bargain to bring the prices down.

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