Goa Board Class 7 Solutions for Civics – Markets Around Us (English Medium)
Page No. 103:
Question 1:
In what ways is a hawker different from a shop owner?
Solution :
Question 2:
Compare and contrast a weekly market and a shopping complex on the following:
Solution :
Question 3:
Explain how a chain of markets is formed. What purpose does it serve?
Solution :
A chain of markets is formed in the following manner:
- Goods are produced in factories.
- Wholesalers then buy goods from factories in bulk.
- The wholesalers then sell goods to retailers and hawkers.
- Customers then buy goods from a retailer or a hawker.
Thus, from factories to consumers, a chain of markets is formed.
The purposes served by the chain of markets are
- Products can be bought from nearby places.
- Goods are brought from far off places to serve the needs of consumers.
- Factories do not require searching for their customers.
- Factories need to sell their products in lower quantities.
- Several people are benefitted because of the chain of markets.
Question 4:
‘All persons have equal rights to visit any shop in a marketplace.’ Do you think it is true of shops with expensive products? Explain with examples.
Solution :
All people have equal rights to visit any shop in a marketplace. However, it is not absolutely true and followed. The reasons are:
- People with low income cannot buy products from those shops as the products are very expensive.
- People who appear poor are not entertained at such places. They are either softly or harshly told to leave the place.
Question 5:
‘Buying and selling can take place without going to a marketplace.’ Explain this statement with the help of examples.
Solution :
Buying and selling can take place without going to a marketplace in the following manner:
- Goods are ordered over the internet, and the amount is paid by plastic money, i.e. either by credit or debit cards.
- Goods are also ordered over the telephone, and the payment is done when goods are delivered to the customer.