Page 216 - SST Class 07

G. Answer the questions in brief :
1. What do you understand by a market?

2. What is a weekly off day in markets?
3. What is a daily market?
4. What is the difference between a permanent market and a temporary market?
5. Why do we need transports?

6. Why does the retailer give goods on credit to consumer?

H. Answer the questions in detail :
1. How does inequity occur in market operations?
2. What is the difference between retail markets and wholesale markets?
3. Mention any two factors that determine a family’s cycle of visit to market.

4. What factors determine the length of a chain of supply?
5. What do you understand by a weekly market? What type of goods are bought and sold in such
markets?
6. Give some facilities offered by sellers to attract customers.

1. Why are prices in weekly markets lower than those in permanent markets?
2. When you go to a grocery or chemist shop what are the things should you check before buying a
product?

Public Distribution System
Public distribution system is a government-sponsored chain of shops entrusted with the work of
distributing basic food and non-food commodities to the needy sections of the society at very cheap
prices. Such as wheat, rice, kerosene, sugar, etc. are a few major commodities distributed by the public
distribution system. Food Corporation of India, a government entity, manages the public distribution
system.

The system is often blamed for its inefficiency and rural-urban bias. It has not been able to fulfill the
objective for which it was formed. Moreover, it has frequently been criticised for instances of corruption
and black marketing.

Under the system, ration shops sell goods at a lower price than the market especially food grains, sugar,
oil etc. The dealers get the goods from the government stock at a very low price. The customers who
have ration cards, can purchase goods from these shops. The government marks specific quantity of
each goods per person on these cards. Efficient functioning of these shops is under the Public
Distribution System.

Contemporary Social Science-7
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