
Give some examples of roadside stalls.
Answer
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Hint: We go to the market to buy many things – masala, vegetables, bread, soap, rice, toothpaste, dal, biscuits, clothes, notebooks, etc. If a list of the goods that we purchase is made, it would be really long. There are many kinds of markets that we may visit for our everyday needs: these can include hawker’s stalls in our neighbourhood, a weekly market, shops, a large shopping complex, perhaps even a mall.
Complete solution:
In our neighbourhoods, there are many shops that sell goods and services. We may buy groceries from departmental stores, milk from the dairy, eatables, stationery, or medicines from other shops. While some of these are roadside stalls such as that of the fruit vendor, the vegetable hawker, the mechanic, etc., others are permanent shops. In many ways, shops in the neighbourhood are useful for us. We can go there on any day of the week and they are near our home. Usually, these shops also provide goods on credit as the buyer and seller know each other. This means that payment can be done for the purchases later. Even in neighbourhood markets, there are different kinds of sellers. Some of them sell their goods on the roadside and others have permanent shops.
The traders are the people in between the producer and the final consumer. First, the wholesale trader buys goods in large quantities. For example, the vegetable wholesale trader will buy large lots of 25 to 100 kilos, but will not buy a few kilos of vegetables. These vegetables will then be sold to other traders. Buying and selling take place between traders in these markets. Goods reach faraway places through these links of traders.
Note: The trader who finally sells the goods bought by him, taken from the traders, to the consumer is the retailer. This could be a hawker in the neighbourhood, or a trader in a weekly market, or a shop in a shopping complex.
Complete solution:
In our neighbourhoods, there are many shops that sell goods and services. We may buy groceries from departmental stores, milk from the dairy, eatables, stationery, or medicines from other shops. While some of these are roadside stalls such as that of the fruit vendor, the vegetable hawker, the mechanic, etc., others are permanent shops. In many ways, shops in the neighbourhood are useful for us. We can go there on any day of the week and they are near our home. Usually, these shops also provide goods on credit as the buyer and seller know each other. This means that payment can be done for the purchases later. Even in neighbourhood markets, there are different kinds of sellers. Some of them sell their goods on the roadside and others have permanent shops.
The traders are the people in between the producer and the final consumer. First, the wholesale trader buys goods in large quantities. For example, the vegetable wholesale trader will buy large lots of 25 to 100 kilos, but will not buy a few kilos of vegetables. These vegetables will then be sold to other traders. Buying and selling take place between traders in these markets. Goods reach faraway places through these links of traders.
Note: The trader who finally sells the goods bought by him, taken from the traders, to the consumer is the retailer. This could be a hawker in the neighbourhood, or a trader in a weekly market, or a shop in a shopping complex.
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