Question

what happen if there is no chain of market​

Answer 1

Answer:

The importance of Chain of markets: This chain allows for the movement of what is produced in one place to another.It reaches people everywhere. When things are sold, it encourages production and new opportunities are created for people to earn.

Explanation:

Answer 2

The supply of goods and services will be hindered if there is no market chain.

Explanation:

• Goods are made in factories, but they are also made on farms and in people's homes. However, we are compelled to visit factories or farms in order to purchase the items that we desire. Because the manufacturers are unwilling to offer us modest quantities. This is done by wholesale traders. They are the individuals who stand between the producer and the customer. They begin by purchasing goods in bulk. They sell these items to shops, who then sell them to customers.
• As a result of the above example, we may conclude that a chain of marketplaces exists from the producers to the ultimate consumers. The flow chart below will help us comprehend it better.
• It has a very important function. It keeps the money flowing. It facilitates the accessibility of a variety of goods that we use on a regular basis. It also fosters societal coordination.