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Explain the three types of markets

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Explain the three types of markets
  • 2 answers

Yogita Ingle 6 years, 11 months ago

The kinds of markets we visit for our basic needs and comfortable living include:

  • Weekly markets: A weekly market is held on a specific day of the week. Permanent shops are not there in weekly markets. Traders set up a shop for the day and in the evening they close it. They set up the shops in another location the next day. In India, there are thousands of such shops. These cater to the everyday requirements of the people.
  • Neighbourhood shops: Many shops sell goods and services in our neighbourhood.  These are a mix of permanent shops and roadside stalls. Roadside stalls are that of eateries, vegetable hawkers, mechanic, etc.
  • Shopping complex and malls: Shopping complexes are the markets in the urban areas that have many shops. Malls are large multi-storeyed air-conditioned buildings with shops on different floors. We get both branded and non-branded goods.

Ishika Negi 6 years, 11 months ago

Weekly market,chain of market,whole sale market
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