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The document compares hawkers and shopkeepers, highlighting that hawkers sell goods while roaming and do not have permanent shops, whereas shopkeepers own shops and often have established relationships with customers. It contrasts weekly markets, which sell everyday items at reasonable prices, with shopping complexes that offer branded and expensive goods. Additionally, it explains the chain of markets from producers to consumers, the unequal access to expensive shops, and the possibility of buying and selling goods without visiting a marketplace through online platforms.

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mr.ariyanhossain123
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4 views

Adobe Scan 21-Dec-2024 (1)

The document compares hawkers and shopkeepers, highlighting that hawkers sell goods while roaming and do not have permanent shops, whereas shopkeepers own shops and often have established relationships with customers. It contrasts weekly markets, which sell everyday items at reasonable prices, with shopping complexes that offer branded and expensive goods. Additionally, it explains the chain of markets from producers to consumers, the unequal access to expensive shops, and the possibility of buying and selling goods without visiting a marketplace through online platforms.

Uploaded by

mr.ariyanhossain123
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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1.

In what ways is ahawker different from a shop


Owner?

Sol.

Hawker Shopkeeper
Hawker is a trader who Shopkeeper is a trader
sells his goods and who owns a shop in
products Hawker by market and where both
shouting, roaming from shopkeeper and buyer
one place to another. know each other.

Hawkersdon't have
permanent shops and
buyer and seller are not The seller sells goods on
known to each other, credit also.
thereby goods are
purchased in cash.

REPORT ERROR

2. Compare and contrast a weekly market and a


shopping complex on the following:

Kind of Prices of
Market Sellers| Buyers
goods sold goods
Weekly
market

Shopping
complex
Shopping
complex

Sol.

Prices of
Market Kind of goods sold Sellers
goods
Prices of
goods
are not very

Different items of our


high.
|Prices are
everyday use such as |Small
Weekly very
traders a
market
vegetables. groceries, reasonable.
cloth items, utensils, hawkers
Common
etc.
people
can easily
afford
them.

Prices of
Branded items
goods
such as
are usually
readymade clothes,
high and
home appliances, Big
|Shopping footwear, leather
expensive.
business
complex Only rich
items, etc. Here we and trade
people
also get eatables can afford
such as pizza, burger
etc.
to buy
them.
such as
are usually
readymade clothes,
|high and
home appliances, Big
|Shopping footwear, leather
expensive.
business
complex Only rich
items, etc. Here we and trade
people
also get eatables can afford
such as pizza, burger
etc.
to buy
|them.
REPORT ERROR

3. Explain how a chain of markets is formed. What


purpose does it serve?

Sol.

The chain of markets include:


Factories/Farns Wholesaler H Retailer Consumers

There are a large number of markets which exist but the


concern is that from where these shop owners acquire
goods. Goods are produced in factories oron farms.
The producers are not interested in selling goods
directly to consumers because they deal in bulk selling.
It is the wholesaler who buys goods from producers and
passes to the retailer. Retailer acts as the final seller for
consumers as they deal directly with consumers. The
chain of markets serves to follow ing purposes.

i. Consumers get their goods in small quantities.


i. Producers get their goods sold in bulk.
iii. The consumer get their goods near their homes.
goods. Goods are produced in factories or on farms.
The producers are not interested in sellinggoods
directly to consumers because they deal in bulk selling.
It is the wholesaler who buys goods from producers and
passes to the retailer. Retailer acts as the final seller for
consumers as they deal directly with consumers. The
chain of markets serves to follow ing purposes.

i. Consumers get their goods in small quantities.


ii. Producers get their goods sold in bulk.
ii. The consumer get their goods near their homes.

REPORT ERROR

4. Allpersons have equal rights to visit any shop in a


marketplace.' Do youthink this is true of shops with
expensive products? Explain with examples.

Sol.

i. No, It is not true for shops with expensive


products.
i. It isbecause the companies producing branded
products sellthrough shops in urban markets or
through special showrooms.
ii. Few people can afford to buy branded goods and,
hence, rights are restricted.
iv. For example,Ravi and Raman entered a shop
selling branded ready-made clothes.
v. They do not buy even one dress since all of them
were expensive.
products.
ii. It is because the companies producing branded
products sellthrough shops in urban markets or
through special showrooms.
ii. Few people can afford to buy branded goods and,
hence, rights are restricted.
0v. For example, Ravi and Raman entered a shop
selling branded ready-made clothes.
V. They do not buy even one dress since all of them
were expensive.

REPORT ERROR

5. Buying and sellingcan take place without going to a


marketplace. Explain this statement with the help of
examples.

Sol.

'Buying and selling can take place without going to a


marketplace' as it is not always compulsory for one to
go to the marketplace to purchase goods. This is an era
of the internet. We can place orders of a variety of
things through the internet or phone. The goods are
delivered at our doorsteps.
For example, in clinics and nursing homes, there are
sales representatives waitingfor doctors. These
persons are also involved in selling goods.

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