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G7 Civics Ch 7 Answer Key

The document provides an answer key for Grade 7 Social Studies focusing on market dynamics. It contrasts hawkers and shop owners, explains the formation of a chain of markets, discusses equal rights in accessing shops, and illustrates how buying and selling can occur outside traditional marketplaces. Key examples include the differences in shopping habits between high-income and low-income individuals and the use of technology for purchasing goods.

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17 views

G7 Civics Ch 7 Answer Key

The document provides an answer key for Grade 7 Social Studies focusing on market dynamics. It contrasts hawkers and shop owners, explains the formation of a chain of markets, discusses equal rights in accessing shops, and illustrates how buying and selling can occur outside traditional marketplaces. Key examples include the differences in shopping habits between high-income and low-income individuals and the use of technology for purchasing goods.

Uploaded by

sheoran.yadvi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Grade 7

Subject: Social Studies (Civics)


Ch 7 (Market around Us)
Answer Key
Q. 1. In what ways is a hawker different from a shop owner?

A hawker provides door to door service.


He sells his goods by calling out the names of his items.
He generally owns a cart 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 at one fixed place.


Whenever we need anything we go there and purchase it.
Here, we get things at a costlier rate.

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

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

Goods are produced in factories, farms and in homes.


But we are not able to go to factories or farms to buy goods of our need, because the producers are most
of the time, not interested in selling small quantities.

The wholesale traders, are the people who come in between the producer 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 can 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:

It serves a great purpose and maintains the flow of money.


It makes easy availability of various items of our daily use.
It also promotes coordination 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.

It is true that all persons have equal rights to visit any shop in the marketplace.
But this is not true of shops with expensive products.
It is because of the following:
• People with high incomes can buy expensive products. Hence, these people go to the shops with
expensive products and not the poor or people with low income.
• The low-income group people visit the shops or weekly markets to buy goods as these goods are
available at cheaper rates.

Examples:
People with high income buy green vegetables from multiplexes or malls while poor people purchase
green vegetables from small vegetable sellers or from hawkers.

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

It is correct that buying and selling can take place without going to a market place.
It is done in the following manner.

Examples:
We can order goods that we need over the telephone and get their delivery.
Over the internet, we can visit the concerned website and order the products.
We can pay through internet banking or on the delivery of goods.

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