English, asked by swaransingh49957, 20 days ago

Explain how a chain of markets is formed. What purpose does it serve???​

Answers

Answered by Itzking124
4

Answer:

A chain of markets is formed when a number of traders supply goods from the producers to the consumers. We thus have wholesale markets where other dealers buy the goods in bulk. These dealers then sell the goods in weekly markets to consumers and thus a chain of markets is formed. The chain serves the purpose of bringing the goods from the producers, who live in far off areas, to consumers in towns and cities.

ok dear friend.

but i will never forgive her

Answered by MichTeddy
3

Answer:

Here is ur answer

Goods are produced in factories, Goods are also produced in farms and in homes. But we are 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 wholesale traders do this job. They are the people who come in between the producer and the consumer. They first buy good in bulk. They sell these goods to the retailers, who finally sell this to the consumers.

Explanation:

I hope it's helpful to u

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