Below are some different types of markets. Mention at least 2 points for each.
a. Wholesale Market
b. Retail Market
c. Weekly Market
d. Shops in the Neighbourhood
e. Shopping Malls
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Explanation:
a) Wholesale Market - In this type of market , the seller buys and sells the goods in large quantities .
b) Retail Market - The consumer buys the product from these markets..The retailer buy goods from the wholesaler in large quantities but sells them in small quantities.
c) Weekly market - This type of market is held on a specific day of the week
d) Shops in the neighborhood - These shop are close to our house and the buyer and seller know each other well.
e) Shopping Malls - These are multistoreyed air-conditioned buildings with shops on different floors.
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