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Q.

There is no equality in the marketplaces because of which of the following reasons?


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a

There are groups of ordinary people having not a very good status

b

There are some people who are very rich while some are very poor

c

There are some people who manage their livelihoods with great difficulty

d

All of the above 

answer is D.

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Detailed Solution

There is no equality in the marketplaces because there are groups of ordinary people having not a very good status, and there are some people who are very rich while some are very poor, and there are some people who manage their livelihoods with great difficulty
We don't think the market is equal for all. Big, powerful business people make a lot of money, while small traders don't make much. For example, the people who run the shops in a weekly market and those who run the shops in a shopping centre are different. One is a small business owner who doesn't have much money to run his shop. While the other has a lot of money to spend in the shop. Both of these people make different amounts of money. The seller at the weekly market makes a small profit, while the shopping centre owner makes a lot of money. People who buy things from shops are also different from each other. There are different kinds of buyers in the market. Some buyers can't afford the cheapest items, while others are busy shopping for expensive things in malls. So, we don't think the marketplace is fair.
 
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