NCERT Solutions Class 7 Social Science (Civics) Chapter 7 Markets Around Us

NCERT Solutions Class 7 Social Science (Civics) 

The NCERT Solutions in English Language for Class 7 Social Science (Civics – Social and Political Life – II) Chapter – 7 (Markets Around Us) has been provided here to help the students in solving the questions from this exercise. 

Chapter – 7 (Markets Around Us)

Exercises

1. In what ways is a hawker different from a shop owner?
Answer – A hawker is different from a shop owner because the hawker does not have a permanent shop but moves from place to place, selling his goods on the roadside and in weekly markets.

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 Different items of everyday use such as vegetables, groceries, cloth, items, utensils, etc. Prices of goods are not that high. They can be easily afforded Small traders and hawkers People belonging to the lower-middle-income group
Shopping complex Branded items such as readymade clothes, home appliances, footwear, leather items, etc. In some complexes, there are even food items available for immediate consumption Prices of goods are usually high. Only those who have a high income can buy them Big businesses and traders People belonging to the upper-middle class and above.

3. Explain how a chain of markets is formed. What purpose does it serve?
Answer – A chain of markets is formed when a number of traders supply goods from the producers to the consumers. We thus have wholesale markets where other dealers buy the goods in bulk. These dealers then sell the goods in weekly markets to consumers and thus a chain of markets is formed. The chain serves the purpose of bringing the goods from the producers, who live in far off areas, to consumers in towns and cities.

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 – It is true that all persons have equal rights to visit any shop in the marketplace. But this is not true of shops with expensive products. It is because of the following:

  1. People with high incomes can buy expensive products. Hence, these people go to the shops with expensive products and not the poor or people with low income.
  2. The low-income group people visit the shops or weekly markets to buy goods as these goods are available at cheaper rates.

Examples – People with high income buy green vegetables from multiplexes or malls while poor people purchase green vegetables from small vegetable sellers or from hawkers.

5. Buying and selling can take place without going to a marketplace’. Explain this statement with the help of examples.
Answer – It is correct that buying and selling can take place without going to a market place. It is done in the following manner.

Examples:

  • We can order goods that we need over the telephone and get their delivery.
  • Over the internet, we can visit the concerned website and order the products.
  • We can pay through internet banking or on the delivery of goods.

 

NCERT Class 7th Solution 
NCERT Solutions Class 7 English
NCERT Solutions Class 7 Hindi
NCERT Solutions Class 7 Mathematics 
NCERT Solutions Class 7 Sanskrit
NCERT Solutions Class 7 Science
NCERT Solutions Class 7 Social Science

 

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