HARD
7th CBSE
IMPORTANT
Earn 100

What do you know about the barter system? How do you think the use of money for buying and selling goods came to be used?

Important Questions on Markets Around Us

EASY
7th CBSE
IMPORTANT

Use the picture to answer the questions.

Question Image

1. What is shown in the picture?

2. What is the difference between it and a shopping mall?

EASY
7th CBSE
IMPORTANT
Weekly markets are _____ markets.
HARD
7th CBSE
IMPORTANT
The retailers buy goods from _____.
MEDIUM
7th CBSE
IMPORTANT
Goods like vegetables and fruits are produced at _____.
MEDIUM
7th CBSE
IMPORTANT
Bargaining is not possible in _____ as the prices are fixed.
MEDIUM
7th CBSE
IMPORTANT
The profit earned by each type of market varies because of the _____ made by the sellers and the buying capacity of the customers.
MEDIUM
7th CBSE
IMPORTANT
Wholesale markets are places where we go to buy our household items.
MEDIUM
7th CBSE
IMPORTANT
Shopping complexes are mostly present in urban areas.