Markets Around Us — Social Studies STD 7 — Question
CBSE BoardEnglish MediumSTD 7Social StudiesMarkets Around Us3 Marks
Question
Why do people go to a weekly market? Give three reasons.
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Answer
People go to a weekly market because of the following reasons:
Many things in weekly markets are available at cheaper rates.
Weekly markets also have a large number of shops selling the same goods which means there is competition among them. If some trader were to charge a high price, people would move to another shop where the same thing may be available more cheaply or where the buyer can bargain and bring the price down.
Most things we need are available at one place. Whether we want vegetables, groceries or cloth items, utensils – all of them can be found here. We do not have to go to different areas to buy different things.
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