Markets Around Us Class 7 Science Worksheet Pdf
Class 7 Science students should refer to the following printable worksheet in Pdf for Markets Around Us in standard 7. This test paper with questions and answers for Grade 7 Science will be very useful for exams and help you to score good marks
Class 7 Science Worksheet for Markets Around Us
CBSE Class 7 Science - Markets around us
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SUBJECT- SOCIAL SCIENCE
LESSON- MARKETS AROUND US
Q:1 Define the following
c) Minimum support price
f) Fair price shops
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 Fill in the following blanks:
Usually, the seller who sells to the consumers takes about _____________% of total profit.
The middleman takes about ___________%, leaving only about ___________ %for the
manufacturers and farmer producers.
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