Question

JP
2. How does market create inequalitie
woes market create inequalities that harm democracy?
3. Explain the terms 'demand and so
e terms 'demand' and 'supply' with an example from our daily life.
4. Describe the role played by the gover
role played by the government in protecting the interests of all sections of the society
5.
Compare the price of a plastic bucket
the price of a plastic bucket from a weekly market and a mall. What are the reasons behi
the difference in price and why?
197​

Answer 1

Explanation:

markets create inequality that harms the democracy in following ways :

.the retail shops and the weekly shops owned by different people. the people who set up his shop on specific days of the week do not have to spent much money in decorations and maintenance of shops but the shopkeepers who have a chain of stores of big malls spent and earn different types of money because for their wages, maintenance, stocking,etc. In this way market creates inequality.

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