- Explanation – The neighbourhood markets often give goods to their regular customers on credit as their customers belong mostly to the neighbourhood.
- There is familiarity between the buyer and seller and thus, transactions on credit are facilitated.
Next, What type of items are sold in the malls Class 7? Some of the goods sold in malls are groceries, clothes, electronics, shoes, jewelers, restaurants, etc. Malls only found in urban centers.
Which of the following is an example of shops in neighbourhood?
The example of shops in neighbourhood is dairy, groceries from departmental stores, pharmacy, stationery, eatables, fruit vendors, vegetable hawkers etc. Was this answer helpful?
in the same way, What are the two types of sellers in our neighbourhood? Answer: There are two types of sellers in the market, one in the weekly market and other in the shopping complex. Small trader has little money whereas the other has more money to set up their shops.
What type of goods are sold in weekly markets?
| Market | Kinds of goods sold |
|---|---|
| Weekly market | Different items of our everyday use such as vegetables, groceries, cloth items, utensils, etc. |
| Shopping complex | Branded items such as readymade clothes, home appliances, footwear, leather items, etc. Here we also get eatables such as pizza, burger etc. |
What type of things sold in a malls?
In malls, there are shops of clothing, food, games etc. We can prefer to buy branded clothes as well as non-branded clothes which are less expensive. Malls have many options for the item we choose to buy, there are not necessarily branded clothes shop but their exact copy or cheap clothes can be bought.
How are shops in neighbourhood useful to us Class 7?
Shops in the neighbourhood are useful in many ways. They are near our home and we can go there on any day of the week. Usually, the buyer and seller know each other and these shops also provide goods on credit. This means that you can pay for the purchases later, as we saw in Sujata’s case, for example.
How do you think your neighbourhood shop gets its goods?
Our neighbourhood shops get their goods from wholesalers who act as link between the producer and retailer. For example, our nearby grocery store or medicine shop purchases goods or medicines in bulk amounts from the wholesaler.
Which of the following is a feature of shops in our neighborhood?
Answer. Proximity: As the name suggests these shops are in our neighbourhood and hence close to our homes. Open all days: These shops, unlike weekly markets, operate on all days. … Flexibility: Since the buyer and seller know each other these shops give goods on credit also.
What type of items are sold in the malls?
A shopping mall is a place which has many buildings each one of them contains shops having different items. In malls, there are shops of clothing, food, games etc. We can prefer to buy branded clothes as well as non-branded clothes which are less expensive.
What type of items are mostly sold in the malls Class 7?
Explanation: Malls are usually a big building that consists of different shops selling different goods at a moderate price. Goods from the mall are high in quality and are related to brands. Some of the goods sold in malls are groceries, clothes, electronics, shoes, jewelers, restaurants, etc.
What type of items are sold in malls * A branded B cheap c local items D None of the above?
Option (d) All the items are sold in the malls.
- People can get everything at one place with affordable range.
- Less space is utilized in constructing of the mall.
- The lifestyle of people is changing after the introduction of a mall.
- It is the retailing activity with an economic objective.
What is a market Class 7?
A market is where buyer and seller are involved in the sale and purchase of goods. It establishes a link between the producer and the consumer. There are different kinds of markets namely; weekly market, shops, shopping complex or mall.
What type of items are sold in the malls Class 7 Mcq?
All the branded and non branded are available in the malls. People can get everything at one place with affordable range.
What type of items are sold in the big shopping malls?
Some of the goods sold in malls are groceries, clothes, electronics, shoes, jewelers, restaurants, etc. Malls only found in urban centers.
What do you mean by neighbourhood market?
Neighbourhood Markets These are the shops or vendors present near our homes, on a nearly permanent basis. These include medicine shops or grocery shops near our homes, as well as a vegetable selling vendor who sells his produce every day of the week.
