Market Around Us Class 7 Social Science Assignment Pdf
Class 7 Social Science students should refer to the following printable assignment in Pdf for Market Around Us in standard 7. This test paper with questions and answers for Grade 7 Social Science will be very useful for exams and help you to score good marks
Class 7 Social Science Assignment for Market Around Us
Q. 1. Define the following
1. Intermediaries
2. Minimum support price
3. Market
4. Fair price shops
5. Auction
Q. 2 Distinguish between retailing and wholesaling.
Q. 3 Explain the role of intermediaries in a market.
Q. 4 Why does the government declare the minimum support price?
Q. 5 What are different types of markets? Explain.
Q. 6. Why are cooperative societies formed by the government?
Q. 7 Why the consumer has to pay quite a lot more than the wholesale price?
Q. 8 Why owners of permanent shops charge high price?
Q. 6 Fill in the following blanks:
1. Usually, the seller who sells to the consumers takes about _____________% of total profit.
2. The middleman takes about ___________%, leaving only about ___________ %for the manufacturers and farmer producers.
Please click the link below to do CBSE Class 7 Social Science Market around Us Assignment
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