[3 Marks Each]QUE-ANS

Question 13 Marks

Describe the types of market explain their requirements.

Answer

The types of market are as follows :
$(1)$ Street Market (Maholla Bazaar)
$(2)$ Weekly or Gujri Market
$(3)$ Large shopping complex
$(4)$ Shopping mall
$(5)$ Controlled market
$(6)$ Online market

Market requirements :
$(1)$ To buy goods of necessities and luxuries for the consumer or a person;
$(2)$ To sell goods to merchants;
$(3)$ To sell products of manufacturers;
$(4)$ To sell different brands of goods of small / large companies;
$(5)$ To sell the own farm products of the farmers.
$(6)$ To buy things for own business to the businessmen.

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Question 23 Marks

What are the features of a Mall ?

Answer

In big cities, there are several shops selling different items in the same building, called 'Shopping Complex, In big cities, multi-storey buildings have showrooms selling different items on different floors, called 'Malls'.

In the mall, we can find branded and unbranded items from small and large companies.
Large companies sell high quality branded items in large showrooms at high prices through advertisements.
Because of the high cost of these items, only the rich can afford them. The mall has some specialities. Like,

$(1)$ The shops of mall are decorated keeping the customer in centre.
$(2)$ Various items of different brands are sold together so that customer gets a chance to choose the item.
$(3)$ In the air-conditioned mall, customer devotes his sufficient time to purchase the items with special offer.
$(4)$ In the mall, the customer is given a special refund on the printed prices of the item.
$(5)$ In the mall, there is an arrangement for payment of shopping through cash on counter, credit or debit card, net banking, etc.

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Question 33 Marks

What are the features of the Weekly or Gujri market?

Answer

The features of the Weekly or Gujri market are as follows:
$(1)$ Weekly or Gujri Inarket is held only on a certain day of the week.
$(2)$ In this market, merchants bring their items to sell during day time and by evening they go back with wrap up of shop.
$(3)$ In this market, people get many daily necessities from one place.
$(4)$ This market provides employment to small traders and workers.
$(5)$ In this market, the merchants do not have to pay for rent, electricity, daily wages, etc. So, they can sell the goods at a cheaper rates than the markets price.

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Question 43 Marks

What are the features of the Street market?

Answer

The features of the Street market are as follows:
$(1)$ The shops of street market are around our house.
$(2)$ The various items in the shops are arranged in such a way that they are visible to the customer.
$(3)$ From these shops, customers can purchase their daily necessities at any time of the day at the time of their need.
$(4)$ The shopkeeper of the street market also sells items to his regular customers on credit.

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Social Science [3 Marks Each]QUE-ANS

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