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NCERT Solutions for class 7 Civics chapter 7 – Markets Around Us

Back Exercise

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, 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, Poors
Shopping complex Branded, Good quality Costlier International companies, Big investors People from big cities, High income, Rich

3. Explain how a chain of markets is formed. What purpose does it serve?

Answer

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 on farms.
(ii) The vegetable wholesale trader buys goods in large quantities.
(iii) These will then be sold to other traders.
(iv) Retailers took these vegetables to the market where consumer buy these.
Purpose it serve:
(i) Consumer can easily buy goods of far off places in the local markets.
(ii) Factories and producers need not to find their consumer directly.
(iii) It encourages production and new opportunities are created for people to earn.
(iv) Provides employment to the large numbers 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 example:
(i) Big commercial shops don't allow the poor people to enter their shops sometimes. They considered them as inferior and thought as not able to buy their products.
(ii) People from lower income group cannot afford to buy branded products and hesitate to enter the shop.

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 good just by a call.
(iv) Plastic money and internet banking made it easier to provide alternate source of payment for buying from the virtual market.

In-text Questions

Question 1.
Why do people go to a weekly market? Give three reasons. (NCERT Page 96)
Answer.
People go to the weekly market because of the following reasons:

  1. They get all things of their use in one place.
  2. The prices are less and bargaining can be done.
  3. They can buy goods in smaller quantities.
  4. People prefer a weekly market because they get a variety and choice of goods.

Question 2.
Who are the sellers in a weekly market? Why don’t we find big business persons in these markets? (NCERT Page 96)
Answer.

  1. Small/mini traders are the sellers in the weekly markets.
  2. Big business persons are not in these markets as there is a very low level of buying and selling.

Question 3.
Why are things cheap in the weekly market? (NCERT Page 96)
Answer.
Things in a weekly market are cheaper because:

  1. Shopkeepers do not spend much in terms of rent for shop, electricity, wages to workers, or packaging of goods.
  2. The sellers store goods at home and have vehicles to move around.
  3. Their family members help them to produce or sell goods.
  4. There are many sellers of the same product so, there is competition among them.
  5. In weekly markets, people bargain to bring the prices down.

Question 4.
Explain with an example how people bargain in the market. Can you think of a situation where the bargain would be unfair? (NCERT Page 96)
Answer.

  1. In the markets, sellers tell higher prices.
  2. Buyers tell low prices.
  3. In this way, the price of the goods is bargained and the rate is fixed on a mutually agreed price.
  4. In big shops where packaged and branded goods are sold, bargaining would be unfair.

Question 5.
Why did Sujata carry a notebook? Do you think this system is useful? Can there be problems? (NCERT Page 97)
Answer.

  1. Sujata carries a notebook to get the amount written by the trader as she has purchased goods on credit.
  2. This system is useful for those who have a low monthly income.
  3. If honesty is there, there can be no problem.

Question 6.
What are the different kinds of shops that you find in your neighbourhood? What do you purchase from them? (NCERT Page 97)
Answer.
Weekly markets offer a variety of goods. There are other markets also like many shops sell goods and services in the neighbourhood.

We buy milk, groceries, stationery, eatables, medicines, etc. Many of these are permanent. Some of them are roadside hawkers selling vegetables, fruits, or flowers.

Question 7.
Why are goods sold in permanent shops costlier than those sold in the weekly markets or by roadside hawkers? (NCERT Page 97)
Answer.
Goods sold in permanent shops are costlier than those sold in weekly markets or by hawkers.

  1. Weekly markets have temporary shops where the traders set their shops for the day whereas other shops are permanent.
  2. Traders in the weekly market do not pay the rent, electricity bill, or tax to the government. All these are paid by the shopkeepers.
  3. They don’t have to pay salaries to their workers as their family members generally help them, whereas the shopkeepers have to pay for their employees.
  4. Goods are not packed, whereas shopkeeper gives packaged branded goods.
  5. Therefore the cost of goods in a permanent shop is higher than that of the weekly market.

Question 8.
Why do you think the guard wanted to stop Kavita and Sujata from entering the shop? What would you say if someone stops you from entering a shop in a market? (NCERT Page 98)
Answer.

  1. He wanted to stop Kavita and Sujata from entering the shop because he was not sure that they would buy goods from this shop.
  2. I would say that I want to buy goods even if they are costlier.

Question 9.
Why do people not bargain in shops located in malls whereas they bargain in weekly markets? (NCERT Page 99)
Answer.

  1. People do not bargain in shops located in malls because goods there are fixed priced, packaged, and branded.
  2. In weekly markets, prices of goods are not fixed, neither they are packaged nor branded.

Question 10.
How do you think your neighbourhood shop gets its goods? Find out and explain with some examples. (NCERT Page 99)
Answer.
Producers do not sell directly to the consumer. In between the two, there are traders. These wholesale traders buy goods in large quantities. They further sell to retailers like our neighbourhood shops. For example:

Question 11.
Why is a wholesale trader necessary? (NCERT Page 99)
Answer.
Because he acts as a link between the factories and the retailers.