Showing posts with label class7-economics. Show all posts
Showing posts with label class7-economics. Show all posts

Tuesday, 5 January 2021

Class 7 - Social Science - Social and Political Life II - Markets Around Us - Questions and Answers (#class7SocialScience)(#MarketsAroundUs)(#eduvictors)

 Class 7 - Social Science - Social and Political Life II - Markets Around Us - Questions and Answers 

Class 7 - Social Science - Social and Political Life II - Markets Around Us - Questions and Answers  (#class7SocialScience)(#MarketsAroundUs)(#eduvictors)


Q1: Define market.

Answer: A market is where buyer and seller are involved in the sale and purchase of goods. It establishes a link between the producer and the consumer.


Q2: Name different types of markets.

Answer: There are different kinds of markets namely; weekly market, shops, shopping complex or mall. In present times, goods are also sold by online marketing and home delivery