define markets and equality class 7.
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What is effect of competition in weekly markets? Answer: Weekly markets have many shops selling same goods, so there is a competition between ...
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Equality can be defined as the equal treatment of all while market is an economic place.
Explanation:
- A market can be defined as an economic place where buying and selling of goods take place.
- Markets are the foundation stone of an economy because they bring in a lot of financial exchange.
- A Market is the meeting point of the buyers and sellers.
- Equality can be defined as the equal treatment of all without any discrimination on the basis of caste, creed, race, sex, gender, class, etc.
- Equality is given to all the citizens under Articles 15 to 17 of the Indian Constitution.
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