People visit the market to buy numerous things – vegetables, soap, toothpaste, masala, bread, rice, dal, clothes, notebooks, biscuits, and so on. There are different kinds of markets that fit their everyday needs: these can include shops, hawker’s stalls in our neighbourhood, a weekly market, a large shopping complex, perhaps even a mall. Chapter 7 of CBSE Class 7 Civics deals with some of these markets and will help you to understand how the goods that are sold there reach buyers, who these buyers are, who these sellers are, and the sorts of problems they face. One of the best resources that can help you to comprehend all these concepts thoroughly is the CBSE Class 7 Civics Chapter 7 Markets Around Us Important Questions we have compiled.
You can just access these CBSE Class 7 Social Science Important Questions from Chapter 7 Civics and solve them for practice. Given below is the link to download the PDF format of these questions.
Markets Around Us
1. Why do people go to a weekly market? Give three reasons.
2. Who are the sellers in a weekly market? Why don’t we find big business persons in these markets?
3. Why are things cheap in the weekly market?
4. Explain with an example how people bargain in the market. Can you think of a situation where the bargain would be unfair?
5. What is a weekly market? Why is it called so? What are its advantages?
6. What are the different kinds of shops that you find in your neighbourhood? What do you purchase from them?
7. Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers?
8. Why do people not bargain in shops located in malls whereas they bargain in weekly markets?
9. Why is a wholesale trader necessary?
10. From where do you think shop-owners procure their goods?
11. In what ways is a hawker different from a shop owner?
12. Explain how a chain of markets is formed. What purpose does it serve?
13. ‘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.
14. ‘Buying and selling can take place without going to a marketplace.’ Explain this statement with the help of examples.
15. What is a mall? Differentiate between shopping complexes and malls.
16. Explain the term “Wholesale.”
17. What is the relationship between the market and inequality?
18. For buying and selling, shops are a must in the market. True/ False?
19. Markets that cater to the immediate needs of an area are called___________.
20. Define the term Retailer.