NCERT Solutions Class – 7th Social Science (Civics) Chapter – 7 Markets Around Us Question & Answer

NCERT Solutions Class – 7th Social Science (Civics) Chapter – 7 Markets Around Us

TextbookNCERT
Class 7th
Subject Social Science (Civics)
Chapter7th
Chapter NameMarkets Around Us
CategoryClass 7th Social Science (Civics)
Medium English
SourceLast Doubt

NCERT Solutions Class – 7th Social Science (Civics) Chapter – 7 Markets Around Us

Chapter – 7

Markets Around Us

Question & Answer

Q.1. In what ways is a hawker different from a shop owner?
Answer – A hawker provides door to door service. He sells his goods by calling out the names of his items. He generally owns a the which we may call a movable shop and keeps in it different items of our everyday use. He sells his goods at a minimum profit. A shop owner runs his shop at one fixed place. Whenever we need anything we go there and purchase it. Here, we get things at a somewhat costlier rate.
Q.2. Compare and contrast a weekly market and a shopping complex on the following:
MarketKinds of goods sold Prices of goodsSellersBuyers
Weekly
market
    
Shopping
complex
    

Answer –

MarketKinds of goods sold Prices of goodsSellersBuyers
Weekly
market
Different items of
our everyday use
such as vegetables,
groceries, cloth
items, utensils, etc.
Prices of goods
Prices of goods are
not very high.
Common people can easily afford them.
Small traders
and hawkers
Local people
belonging to
low income
group.
Shopping
complex
Branded items such
as readymade
clothes, home appli- ances, footwear, leather items, etc. Here we also get
eatables such as
pizza, burger etc. 
Prices of goods are
usually high. Only
rich people can
afford to buy them.
Big business-
men and
traders.
Wealthy city
people.
Q.3. Explain how a chain of markets is formed. What purpose does it serve?
Answer – Goods are produced in factories, Goods are also produced in farms and in homes. But we are not required to go to factories or farms to buy goods of our need, because the producers are not interested in selling us small quantities. The wholesale traders do this job. They are the people who come in between the producer and the final consumer. They first buy goods in bulk.

Then they sell these goods to the retailers, who finally sell this to the consumers. From the above instance we come to the conclusion that from factories to final consumers a chain is formed, which we may call a chain of markets. We can better understand it through the flow chart given below:


It serves a great purpose. It maintains the flow of money. It makes easy availability of various items of our daily use. It also promotes coordination in society

Q.4. ‘All persons have equal rights to visit any shop in a marketplace.’ Do you think this is true of shops with expensive products? Explain with examples.
Answer – It is true that all persons have equal rights to visit any shop in the marketplace. But this is not true of shops with expensive products. It is because of the following: People with high incomes can buy expensive products. Hence, these people go to the shops with expensive products and not the poor or people with low income. The low-income group people visit the shops or weekly markets to buy goods as these goods are available at cheaper rates.

Examples – People with high income buy green vegetables from multiplexes or malls while poor people purchase green vegetables from small vegetable sellers or from hawkers.

Q.5. ‘Buying and selling can take place without going to a marketplace’. Explain this statement with the help of examples.
Answer – It is correct that buying and selling can take place without going to a market place. It is done in the following manner.

Examples – We can order goods that we need over the telephone and get their delivery. Over the internet, we can visit the concerned website and order the products. We can pay through internet banking or on the delivery of goods.

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