A weekly market is so-called because
it is held on a specific day of the week
. Weekly market held on a specific day of the week. They do not have permanent shops, for example, vegetable markets, fruit shops, small utensils shops etc.. Traders set up shops for the day and then shut them up in the evening.
What are weekly markets Why are they so called?
A weekly market is so called
because it is held on a specific day of the week
. Weekly markets do not have permanent shops. Traders set up shops for the day and then close them up in the evening. Then they may set up at a different place the next day.
What is weekly market short answer?
Answer: Weekly markets are
the markets found at a place during one or two days of the week
. They are not daily markets. They sell a range of products from fruits and vegetables to clothes to utensils. They have high competition.
What are the advantages of a weekly market?
- One stop shop: All the items are available under one roof. …
- More choice for buyers: Since there are many sellers selling the same product, the buyer has a choice regarding who to buy from.
- Convenience: Since a high variety of goods is available, it is very convenient for the buyer.
Why are weekly markets so cheap?
Many things in weekly markets are available at cheaper rates. This is because when shops are in permanent buildings, they incur a lot of expenditure – they have to pay rent, electricity, fees to the government. … One of the advantages of weekly markets is that
most things you need are available at one place
.
Why are things cheap in the weekly market Class 7?
Things in a weekly market are cheaper because:
Shopkeepers do not spend much in terms of rent for shop, electricity, wages to workers or packaging of goods
. … Their family members help them to produce or sell goods. There are many sellers of the same product so, there is competition among them.
Why weekly markets are cheaper than permanent shops?
Markets held on a weekly basis are known as weekly markets and they do not have permanent shops. The products here are cheaper
because the do not have to incur expenses like wages pf workers, electricity
. These shop owners sell things they produce at home and are helped by their family members.
How do the weekly market works?
A weekly market is held on a specific day of the week. Permanent shops are not there in weekly markets.
Traders set up a shop for the day and in the evening they close it
. They set up the shops in another location the next day.
What is the difference between daily market and weekly market?
Daily Markets as in shopping malls are very expensive and the owners pay wages to the workers. They sell non branded & branded items.
Weekly markets are cheap and don’t have
to pay wages to workers or pay electricity bills. They sell non branded items.
What is the weekly market shopkeeper?
Sellers in the weekly markets are usually
small traders and businessmen who do not have adequate capital to buy or rent shops
. Sellers in the weekly markets are usually small traders and businessmen who do not have adequate capital to buy or rent shops.
Who are sellers in a weekly market?
Sellers in the weekly markets are usually
small traders and businessmen
who do not have adequate capital to buy or rent shops.
What is a weekly market Class 7?
A weekly market is so-called because
it is held on a specific day of the week
. Shops may be permanent or hawker type. … Many things are available in a weekly market at cheaper rates. Weekly markets even have a large number of shops selling the same goods which means there is a competition among them.
Which of the following things will not found in a weekly market?
1)
Non- branded clothes
. 2) Groceries. 3) Branded clothes.
What is the difference between a weekly market and a shopping complex?
Hint: The weekly markets take place on certain business days. The weekly market has no permanent stores. A shopping complex is
another market in the city area
which has many shops. Many urban areas have large, multi-story air-conditioned buildings with shops on different floors.
Which is the largest cloth market in the world?
Answer:
Tamil nadu
is the largest cloth market in the world…
What type of goods are sold in weekly markets Class 7?
| Market Kind of goods sold Sellers | Weekly market Vegetables, groceries, cheaper small people market cloth items, utensils, etc. small traders | Shopping complex branded and non- branded goods big and rich traders |
|---|
