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State four characteristics of rural marketing …

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State four characteristics of rural marketing center
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Preeti Dabral 1 year, 1 month ago

Trade is essentially buying and selling of items produced elsewhere. All the services in retail and wholesale trading or commerce are specifically intended for profit. All this work takes place in towns and cities also known as trading centres.
Characteristics of rural marketing centre:

  1. Rural marketing centres cater to nearby settlements. These are quasi-urban centres.
  2. They serve as trading centres of the most rudimentary type. Here personal and professional services are not well-developed. These form local collecting and distributing centres. Most of these have mandis (wholesale markets) and also retailing areas. They are not urban centres per se but are significant centres for making available goods and services which are most frequently demanded by rural folk.
  3. Periodic markets in rural areas are found where there are no regular markets and local periodic markets are organised at different temporal intervals. These may be weekly, bi-weekly markets from where people from the surrounding areas meet their temporally accumulated demand. These markets are held on specified dates and move from one place to another. The shopkeepers thus remain busy on all the days while a large area is served by them.
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