Question

What is Trade ? state types of small scale fixed Shop
retailers​

Answer 1

Trade is defined as the general marketplace of buying and selling goods, the way you make a living or the act of exchanging or buying and selling something.

The different types of small scale retailers are cheap jacks and pavement dealers.

Small scale retailers are those who operate small sized shops that and deal with various products that are to used in daily use. Such type of retailers manage fixed shops by themselves. They hold small inventories located in different market areas.

There are various types of small scale retailers, which are as follows:

i. Cheap jacks: This type of retailers hold small shops for temporary time period and provide low-cost products.

ii. Pavement dealers: Such dealers or traders hold shops at public places, such as cinema, bus-stand, and temple.