4. Held on a specific day of the
week.
Eg- Sunday Market of Vellore
5.
6. *Weekly markets do not
have permanent shops.
*Traders set up shops for the
day and then close them up
in the evening.
7. 2. Low rates :
Many things in weekly
markets are available at
cheaper rates.
8. This is because when shops are
in permanent buildings, they
incur a lot of expenditure.
– pay rent, electricity, fees to
the government.
-They also have to pay wages to
their workers.
20. 4. Shopping complexes and
malls
The markets in the urban area
that have many shops, are
called shopping complexes.
- Sarathy Mansion
-Lakshmi Complex
21. In many urban areas, we
have large multi-storeyed air-
conditioned buildings with
shops on different floors,
known as malls.
22. *Branded ones are only
available in Malls.
*Branded goods are
expensive, and claims of
better quality.
26. 6. Markets everywhere
You can place orders for a
variety of things through the
phone and these days through
the Internet, and the goods are
delivered at your home.
-Amazon , Flipkart
27. 5. Chain of markets
Producer
WholesalerTrader
Consumer
29. The wholesale trader first buys
goods in large quantities.
The trader who finally sells this
to the consumer, is the retailer.
30. The people in between the
producer and the final
consumer are the traders.
31.
32.
33. Activity 1 – Role Play
- Shop Keeper – Book Seller
-Customer - Buyer
34.
35. Worksheet Fill in the blanks
1. A weekly market is so called because it is held on a
specific day of the week.
Weekly markets do not have permanent shops.
Traders set up shops in the morning and close them in
the evening.
36. Neighbourhood shops
Shops in the neighbourhood buyer
and seller know each other.
Credit sales is present.
shopping complexes.
The markets in the urban area that
have many shops, are called
shopping complexes.
37. In many urban areas, we have
large multi-storeyed air-
conditioned buildings with
shops on different floors,
known as malls.
We can get both branded and
non-branded goods.
Branded goods are expensive.
