NCERT Solutions Class 7 Social Science Chapter 7 Markets around Us have been provided below and is also available in Pdf for free download. The NCERT solutions for Class 7 Social Science have been prepared as per the latest syllabus, NCERT books and examination pattern suggested in Class 7 by CBSE, NCERT and KVS. Questions given in NCERT book for Class 7 Social Science are an important part of exams for Class 7 Social Science and if answered properly can help you to get higher marks. Refer to more Chapter-wise answers for NCERT Class 7 Social Science and also download more latest study material for all subjects. Chapter 7 Markets around Us is an important topic in Class 7, please refer to answers provided below to help you score better in exams
Chapter 7 Markets around Us Class 7 Social Science NCERT Solutions
Students of Class 7 studying Social Science are advised to carefully go through the NCERT questions and their detailed answers provided here for the chapter Chapter 7 Markets around Us. The questions in the NCERT textbook for Class 7 Social Science form an important part of school exams. These solutions for Class 7 follow a step-by-step approach and are highly beneficial for exam preparation. Scroll down to view detailed, chapter-wise solutions for Chapter 7 Markets around Us and explore more NCERT solutions and free study materials for Social Science and other subjects of Class 7.
Chapter 7 Markets around Us NCERT Solutions Class 7 Social Science
NCERT Solutions for Class 7 for Social Science Civics Chapter 8 Markets around Us
Exercises:
1. In what ways is a hawker different from a shop owner?
Answer
|
Hawker |
Shop Owner |
|
(i) Do not have permanent shops. |
(i) Have permanent shops. |
|
(ii) Generally sells non branded items such as fruits, vegetables, cutlery, etc. |
(ii) Sells branded as well as non branded items. |
|
(iii) Don't have expenses like electricity bills, rents, workers, etc. |
(iii) Have expenses like electricity bills, rents, workers, etc. |
|
(iv) Sells products at cheaper rate. |
(iv) Sells cheaper as well as costlier products. |
2. Compare and contrast a weekly market and a shopping complex on the following:
|
Market |
Kind of goods sold |
Prices of goods |
Sellers |
Buyers |
|
Weekly market |
|
|
|
|
|
Shopping complex |
|
|
|
|
Answer
|
Market |
Kind of goods sold |
Prices of goods |
Sellers |
Buyers |
|
Weekly market |
Non branded, Compromised quality |
Cheaper |
Small investors, Local |
Locals, Low income, Poor |
|
Shopping complex |
Branded, Good quality |
Costlier |
InternationaI companies, Big investors |
People from big cities, High income, Rich |
Answer
3. Explain how a chain of markets is formed. What purpose does it serve?
Chain of markets is a series of markets that are connected like links in a chain because products pass from one market to another.
(i) Vegetables are produced in farms.
(ii) The vegetable wholesale trader buys goods in large quantities.
(iii) These will then be sold to other traders.
(iv) Retailers take these vegetables to the market where consumers buy these.
Purpose it serves:
(i) Consumers can easily buy goods of far off places in the local markets.
(ii) Factories and producers don't need to find their consumer directly.
(iii) It encourages production and new opportunities are created for people to earn.
(iv) Provides employment to large number of people.
4. 'All persons have equal rights to visit any shop in a marketplace.' Do you think this is true of shops with expensive products? Explain with examples.
Answer
All persons have equal rights to visit any shop in a marketplace but this is however not true for shops with expensive products. For exam pie:
(i) Big commercial shops don't allow the poor people to enter their shops sometimes. They consider them as inferiors and incapable of buying their products.
(ii) People from lower income group cannot afford to buy branded products and hesitate to enter big shops.
5. 'Buying and selling can take place without going to a marketplace.' Explain this statement with the help of examples.
Answer
(i) Buying and selling can take place without going to a marketplace as there are many e-commerce companies providing home delivery for free.
(ii) People can order products from these companies and get it delivered to their home without visiting the market.
(iii) Some local shops also provide order on phone facility and people can order their goods just by a call.
(iv) Plastic money and internet banking has made it easier to provide alternate source of payment for buying from the virtual market.
NCERT Solutions Class 7 Social Science Chapter 7 Markets around Us
The above provided NCERT Solutions Class 7 Social Science Chapter 7 Markets around Us is available on our website for free download in Pdf. You can read the solutions to all questions given in your Class 7 Social Science textbook online or you can easily download them in pdf. The answers to each question in Chapter 7 Markets around Us of Social Science Class 7 has been designed based on the latest syllabus released for the current year. We have also provided detailed explanations for all difficult topics in Chapter 7 Markets around Us Class 7 chapter of Social Science so that it can be easier for students to understand all answers. These solutions of Chapter 7 Markets around Us NCERT Questions given in your textbook for Class 7 Social Science have been designed to help students understand the difficult topics of Social Science in an easy manner. These will also help to build a strong foundation in the Social Science. There is a combination of theoretical and practical questions relating to all chapters in Social Science to check the overall learning of the students of Class 7.
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