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Unit 4 Ch 5 : Consumer Rights — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 5 : Consumer Rights3 Marks
Question
How do we participate in the market as producers and consumers? Explain with three examples.
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Answer

Producers and Consumers
  1. As producers of goods and services, we would be working in any of the economic sectors - Primary, secondary and tertiary like agriculture and industry services.
  2. Produce different goods and supply them to the market.
  3. As consumers we participate in the market as and when goods and services are required.

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