Question

How are chain of markets is formed what purpose does it serve

Answer 1

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here is your answer

ANS : A chain of markets is formedwhen a number of traders supply goods from the producers to the consumers. We thus have wholesalemarkets 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.

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Answer 2

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.

this is how the chain market is formed

it provides or supplies bulk of goods to the other people and grocer