Read and download free pdf of CBSE Class 7 Social Science Market around Us Assignment. Get printable school Assignments for Class 7 Social Science. Standard 7 students should practise questions and answers given here for Social Science in Grade 7 which will help them to strengthen their understanding of all important topics. Students should also download free pdf of Printable Worksheets for Class 7 Social Science prepared as per the latest books and syllabus issued by NCERT, CBSE, KVS and do problems daily to score better marks in tests and examinations
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.
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