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Jhum Cultivators, Hunters and Gatherers

How did triba...

Question

How did tribals acquire goods that were not produced in their community?

A

They stole it from other groups.

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B

They traded goods with other communities.

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C

They bought and sold goods at the local markets.

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D

They raided nearby communities constantly.

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Solution

The correct options are
B They traded goods with other communities.
C They bought and sold goods at the local markets.
Tribal groups often needed to buy and sell in order to be able to get the goods that were not produced within the locality.

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Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater ________________among the producers.

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Enter the following transactions in the Purchase Book, Sales Book, Purchase Returns Book and Sales Returns Book of Abhishek and Co. for the month of January, 2011.

2011 Jan.
1	Purchased goods from Raj Traders Rs 16,400 at 10% trade discount.
3	Preeti enterprises invoiced goods to us Rs 17,250.
6	Sold goods to Vinita Stores Rs 19,000 at 5% trade discount.
9	Mitesh Associates invoiced goods to us Rs 17,000 at 2^½trade discount.
12	Returned goods to Raj traders Rs 1,650 (Net).
15	Vinita Traders returned goods to us as they were damaged in transit Rs 4,000 (Gross).
18	Returned goods to Preeti Rs 2,550
23	Placed an order with Novel Stores for goods worth Rs 29,000.
25	Novel Stores supplied goods worth Rs 19,000 only
26	Returned goods to Novel Stores as they were not as per specification Rs 2,550.
28	Sold goods to Deepika Rs 24,000 at 8% trade discount.
30	Deepika returned goods of Rs 4,000 (Gross).

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