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NCERT Solutions for Class 7 Social Science Civics Chapter 7 - Markets Around Us

NCERT Solutions for Class 7 Civics Chapter 7 - Markets Around Us include precise and simple answers that will help you score good marks in your exams. Download all the questions and answers in PDF format.

Jul 10, 2020 09:25 IST
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NCERT Solutions for Class 7 Social Science Civics Chapter 7
NCERT Solutions for Class 7 Social Science Civics Chapter 7

NCERT Solutions for Class 7 Social Science Civics Chapter 7 - Markets Around Us are explained in the simplest manner to help develop a clear conceptual understanding. All the answers include appropriate keywords and are explained in a to-the-point manner. These NCERT solutions will help you excel in the subject. We have provided here the NCERT solutions for the exercise questions given at the end of chapter 7 of the latest NCERT Book for Class 7 Civics. You can read all the answers from below or download them in PDF format from the link provided in this article.

Check below the NCERT Solutions for Class 7 Civics Chapter 7 - Markets Around Us:

Exercises

1. In what ways is a hawker different from a shop owner?

Solution: 

A hawker is the one who brings his goods on a cart and sells them by going from place to place. He does not own a fixed shop. His items are not generally branded therefore he sells them at cheap prices.  

On the other hand, a shopkeeper owns a permanent shop either in a market or in a street/mall. He does not go door to door to sell his items. Instead, customers come to buy their desired items to the shops. His goods are generally tagged with a brand hence costlier that those sold by the hawker.

2. Compare and contrast a weekly market and a shopping complex on the following:

Market

Kind of goods sold

Prices of goods

Sellers

Buyers

Weekly market

       

Shopping complex

       

Solution:

Market

Kind of goods sold

Prices of goods

Sellers

Buyers

Weekly market

Different items of everyday use including food items are sold which are not generally branded and of inferior quality.

Prices of goods are low.

Small traders and hawkers

People belonging to the low income group

Shopping complex

Different items of everyday use are sold which are generally branded and of superior quality. Some complexes even sell food items of immediate consumption.

Prices of goods are usually high.

Big businesses owners and traders

People belonging to the upper and middle class.

Also Read:

Class 7 Maths NCERT Book

Class 7 Maths NCERT Solutions

Class 7 Science NCERT Book

Class 7 Science NCERT Solutions

3. Explain how a chain of markets is formed. What purpose does it serve?

Solution: 

A chain of markets is formed in the following ways:

  • Goods are first produced in factories.
  • Then the wholesalers buy the products in bulk directly from the producers and store them in godowns.
  • Retailers from different parts of the city come to buy goods in smaller quantities from the wholesalers and sell them to the end consumers.
  • The hawkers also purchase these goods either from a wholesaler or a retailer to sell them in different localities.

In this way, a chain is formed from factories to consumers. This is called a chain of markets or market chain.

Chain of Markets serves the following purposes:

  • Producers and wholesalers need not search for the consumers of their goods. They do not have to sell goods in small quantities that saves their time and energy.
  • Consumers can easily buy goods of their needs in small quantities from the nearby shops or markets.

4. ‘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.

Answer: 

Yes, it is applied to all the shops with expensive products. The shopkeepers are obligated to show the items to all people of any income group. It is all up to the consumers whether they want to buy the products or not. For example, people of different classes go to the malls, check different items at different shops but it is not necessary that all of them can afford those items. Rather, people who belong to low income group prefer to buy the desired goods from local markets.

5.Buying and selling can take place without going to a marketplace’. Explain this statement with the help of examples.

Solution: 

It is correct that buying and selling can take place without going to a marketplace.

For example, in this era of online shopping people can buy all the goods of their need by sitting at home. They can purchase goods online through different payment options like cards, payment apps, cash on delivery, etc. One just needs to place the order and it will be delivered to his/her doorstep. Goods of all types like clothes, shoes, fashion accessories, electrical appliances, all types of food items, vegetables, books, mobiles, medicines, etc., are available on the online shopping stores.

Download all the NCERT Solutions for Class 7 Civics Chapter 7 from the following link:

NCERT Solutions for Class 7 Civics Chapter 7 - Markets Around Us

To download all chapters of Class 7 Social Science Textbook, click on the following link:

NCERT Solutions for Class 7 Social Science - History, Geography & Civics

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