explain how a chain of markets is formed. What purpose
does it serve?
All persons have equal rights to visit any shop in a
marketplace.' Do you think this is true of shops with
expensive products? Explain with examples.
Buying and selling can take place without going to a
marketplace.' Explain this statement with the help of
examples.
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goods are produced in factories.goods are also produced in farms and in homes. but we are not required to go to factories or farms to buy goods of our need, because the producers are not interested in selling us small quantities the whole sale traders do this job. they are the people who come in between the producer and the final consumer. they buy goods in bulks first then they sell these goods to consumers.
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