Question

1. Define a market. Name different kinds of markets.​

Answer 1

A market is a place having shops selling vegetables, clothes, stationery, etc. A market can be defined as a place where buyers and sellers engage in the activity of sale and purchase of goods. Different kinds of markets are - (i) Wholesale Market. (ii) Retail Market.

Answer 2

Answer:

Market can be defined as a place where buyers and sellers engage in the activity of sale and purchase of goods.

Different kinds of market are:- wholesale market and retail market