Civics_Class VII

  Study Material will be uploaded please keep visiting this blog for updates.

Term 1<Democracy, Pillar of Democracy>

Democracy

Q1. P

Term 2 <Market Around Us>

Market Around Us

1. In what ways is a hawker different from a shop owner?

Ans:- A hawker provides door-to-door service. He sells his goods by calling out the names of his products/ items. He generally owns a thela which we may call a movable shop and keeps in it different items of our everyday use. He sells his goods at a minimum profit. A Shop owner runs his shop in one fixed place. Whenever we need anything we go there and purchase it. Here, we get things at a somewhat costlier rate.

2. Compare and contrast a weekly market and shopping complex on the following:-

Ans:-

Market	Kinds of goods sold	Price of Goods	Sellers	Buyers
Weekly Market	Different items of our everyday use such as vegetables, groceries, cloth items, Utensils, etc	The price of goods is not very high. Common people can easily afford them.	Small traders and hawkers	Local people belonging to the low-Income group
Shopping Complex	Branded Items such as readymade clothes, home appliances, footwear, leather items, etc. Here we also get eatables such as Pizza, burgers, etc.	Prices of goods are usually high. Only rich people can afford to buy them.	Big businessmen and traders.	Wealthy city people

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

Ans:- Goods are produced in factories, Goods are also produced in farms and in homes. But we are not required to go to factories or farms to buy goods of our need, because the producers are not interested in selling us small quantities. The wholesale traders do this job. They are the people who come in between the producers and the final consumer. They first buy goods in bulk. Then they sell these goods to the retailers, who finally sell this to the consumers.

From the above instance, we come to the conclusion that from factories to final consumers a chain is formed, which we may call a chain of markets. We can better understand it through the flow chart given below:-

Factories/Farms--Wholesale traders--Retailers--Consumers

It serves a great purpose. It maintains the flow of money. It makes easy availability of various items of our daily use. It also promotes co-ordination in society.

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.

Ans:- Yes, it is equally true of shops with expensive products. As consumers, we can visit any shop. Even though we have no money in our pockets. The shop owner is bound to show the articles which the customer asks him to show. He cannot force the customer to buy any article. It totally depends upon him whether he buys anything or not. We can understand it more clearly through an example.  e.g. Kavita and Sujata went to Ansal Mall out of curiosity. While wandering here and there they enter a shop all of a sudden. They have no plan to buy anything. They look at some branded dresses and move away.

5. 'Buying and selling can take place without going to the marketplace. Explain this statement with the help of examples.

Ans:- This is the age of the Internet. It has changed the mode of everything. We can now make online purchases with the help of Credit Cards. We can place an order through the Internet and the goods are delivered at our place. 

        In Clinics and nursing homes, we usually notice medical representatives waiting for doctors. These medical representatives are also engaged in selling goods. Thus buying and selling take place in different ways, without going to the market. 

a) Why is a weekly market called so?

Ans:- A weekly market is called so because it is held on a specific day of the week.

b) Why is there competition among the shops in the weekly market?

Ans:- In the weekly market there are many shops that sell the same goods. This creates competition among them.

c) Give some examples of roadside stalls.

Ans:- Vegetable hawker, Fruit Vendor, Mechanic.

d) How are shops in the neighborhood useful?

Ans:- These types of shops are close to our home and we can go there any time. As the buyer and seller know each other these shops also provide goods on credit.

e) Why do we not buy directly from the producer?

Ans:- It is because the producer is not interested in selling goods in small quantities. 

f) Who is a retailer?

Ans:- A retailer is a small trader who buy goods from the wholesale trader and sells this to the consumer.

g) How are buyers, different people?

Ans:- There are many buyers who cannot afford even the cheapest of goods. While others frequently visit malls and buy different items.

h) What is done in the wholesale markets?

Ans:- This is where goods first reach and are then supplied to other traders.

SHORT ANSWER TYPE QUESTIONS

1. Write in brief about shopping complexes and malls.

Ans:- Shopping complexes and malls are usually found in urban areas. These are large multi-storeyed air conditions buildings with shops on different floors. These shops sell both branded and non-branded goods. Fewer people visit malls because they sell costly items. Only well-to-do people can afford to buy these items. 

2. What is the job of a wholesale trader?

Ans:- A wholesale trader buys goods from the producers in large quantities. He then sells them to other traders, say small traders. These small traders sell different items to the final consumer. Thus, the wholesale traders establish the link between the producer and the consumer. It is through these links of traders that goods reach far away places.

04/08/22

3. Enumerate  the benefits of marketing.

Ans-

*Marketing helps in improving  people's  standard of living by offering a wide variety of goods and services.

*It treats the customer as a king. That is, as the most important  person.

*It let's the producers concentrate on production activities. 

*It generates employment in the production and distribution sectors.

*It explores the explore market for goods.

*It helps in developing iconomic resources of the country.

*It tries to satisfy customers need by designing products as per the demands of the market.

*It generates revenue by buying and selling & brings it in profit.

4. Classify the features of wholesale marketing.

Ans:- The features of wholesale marketing are as follows:-

@ A wholesaler buys goods in a bulk from manufacturers for their agents and sell to retailers and industrial users in small quantities. 

@ A wholesaler is mainly involved in buying, storing and supplying goods.

@ A wholesaler also bears the risks of loss due to damage of goods, change in demand. Change in price and so on.

@ They pass on information to the producers regarding other competitors, their new products and price changes.

5. Discuss the features of retail marketing.

Ans-

# Retailers generally deal in a variety of items. They purchase products from the wholesaler. 

# Retailers act as a middle men between the wholesaler and consumer. 

# They do not have direct entry with manufacturer as they purchase products from the wholesaler. 

# Retailers may at time extent credit facilities to the customers, as in case of televisions, washing machines etc. and other such items.

# Some retailers are now switching over to self help services, where customers can directly go and pick up the things / products he /she wants.

Q. Differentiate between Fixed price and flexible price.

Ans.

FIXED PRICE-

# The seller charges the same price for a product of all the customers. 

# People with weak bargaining power prefer fixed price.

# The finaL price is fixed and can not be changed.

FLEXIBLE PRICE-

# The seller charges different prices for  product from different customers.

# People with good bargaining power gains from flexible price.

# The final price is determined by bargaining.

To be continued....