Gujarat BoardEnglish MediumSTD 7Social ScienceMarkets3 Marks
Question
Variation in Market
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Answer
There is a variation in shops andshopkeepers from Street Market to Mall.
There is a big difference between the shopkeepers in the market.
For example, small shopkeeper does retail business with less money; while the big shopkeeper trades by investing more money in Complex and Mall.
The small shopkeeper makes very little profit in business while the big shopkeeper makes more profit in the trade. There is also a variation in buyer class.
Many people in the society cannot afford to buy cheap goods; while many people can buy costly items found in malls. Thus, a person's
financial situation decides of which market he can be a buyer or a seller.
We see some older people around us selling small and big things.
Older men and women, despite their age of rest, sell items around the road due to poverty or compulsion. We need to be helpful to the needy people by buying items from them.
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