Question

Do you see equality in the market? If not, why not? Explain with examples.

Answer 1

We do not see equality in the market. Big and powerful business persons earn huge profits while small traders earn very little. For example, the shop owners in a weekly market and those in a shopping complex are two different people. One is a small trader who has little money to run the shop. Whereas the other has a lot of money to spend on the shop. The earning of these two people is also unequal. The weekly market trader earn little profit whereas the shopping complex owner gains huge income.
Not only shop owners are different people, but also the buyers. In the market we see different types of buyers. There are several buyers who are not able to afford even the cheapest of goods while others are busy shopping luxurious items in malls. Thus, we see no equality in the market place.