Question

“Weekly markets are very beneficial for common people.” Give any three reasons in favour

of this statement.​

Answer 1

Answer:

One stop shop: All the items are available under one roof. ...

More choice for buyers: Since there are many sellers selling the same product, the buyer has a choice regarding who to buy from.

Convenience: Since a high variety of goods is available, it is very convenient for the buyer.

Weekly markets are markets held on a specific day of the week. They are called so because they do not consist of permanent markets. Also, traders of the weekly markets set up shops for the day and then close them up in the evening.

Weekly markets are markets held on a specific day of the week. They are called so because they do not consist of permanent markets. Also, traders of the weekly markets set up shops for

the day and then close them up in the evening.

products in the weekly market are cheap because since these shops are not permanent, they save on expenses such as rent, electricity, and fees to the government. Since these are family-run, they also save the expenses of wages to workers.

Answer 2

★ Answer:-

$\underline{\underline{\maltese\:\:\textbf{\textsf{Weekly Markets:-}}}}$

Weekly markets are commonly held on a weekly basis. Weekly markets are not permanent.

$\underline{\underline{\maltese\:\:\textbf{\textsf{Advantages:-}}}}$

• The products that are available in weekly markets are of a good quality.
• The products are available in a cheaper cost.

• There are a very large variety's of products available here.

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★ Know More:-

$\underline{\underline{\maltese\:\:\textbf{\textsf{Types Of Markets:-}}}}$

There are mainly 2 types of markets:-

• Weekly Market
• shopping complex or malls.

$\underline{\underline{\maltese\:\:\textbf{\textsf{Chain Of Markets:-}}}}$

Yes, there is also a chain of markets:-

Factories/Farmers => Wholesale traders => Retailers => Consumers

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