Class 7 Civics Chapter 7 Markets Around Us Extra Questions and Answers

Class 7 Civics Chapter 7 Markets Around Us Extra Questions Social Science

Chapter 7 of Class 7 Civics, titled “Markets Around Us,” talks about markets and their different types. It explains how markets work, the roles of buyers and sellers, and the various markets in our surroundings. This chapter also explains the importance of markets in our daily lives and how they impact the economy. Studying this chapter helps students understand how markets function and how demand and supply affect prices.

Class 7 Civics Social and Political Life 2 Chapter 7 Markets Around Us Extra Questions

Here are the short and long answers type extra questions for class 7 civics chapter 7 Markets Around Us:

Short Answer Type Questions for Class 7 Civics Chapter 7 Markets Around Us (SAQs)

Here are 20 very short answer type questions and their answers for Class 7 Civics Chapter 7 “Markets Around Us”:

Question 1: What is a market?
Answer: A market is a place where buyers and sellers come together to exchange goods and services.

Question 2: Name two types of markets.
Answer: Two types of markets are local markets and shopping complexes.

Question 3: What is a wholesale market?
Answer: A wholesale market is a place where goods are sold in large quantities at lower prices, usually to retailers.

Question 4: What is retail selling?
Answer: Retail selling involves selling goods in small quantities directly to the end consumer.

Question 5: What is a chain of markets?
Answer: A chain of markets refers to the series of markets that are involved in moving a product from the producer to the final consumer.

Question 6: Why are goods transported from one place to another?
Answer: Goods are transported from one place to another to meet the demand in different markets and reach the consumers.

Question 7: What is a fixed shop?
Answer: A fixed shop is a permanent establishment that sells goods or services from a specific location.

Question 8: Give an example of a weekly market.
Answer: An example of a weekly market is a farmers’ market that sets up in a particular location once a week.

Question 9: What are street vendors?
Answer: Street vendors are individuals who sell goods or services from a mobile stall or cart in public places.

Question 10: What is a mall?
Answer: A mall is a large, enclosed shopping complex with various stores, food courts, and entertainment facilities.

Question 11: What is online shopping?
Answer: Online shopping is the process of buying goods or services over the internet through e-commerce websites or apps.

Question 12: What is a supermarket?
Answer: A supermarket is a large retail store that sells a wide variety of goods, including groceries, household items, and personal care products.

Question 13: What is a flea market?
Answer: A flea market is an open-air market where second-hand or vintage goods are sold at low prices.

Question 14: What is a farmers’ market?
Answer: A farmers’ market is a market where local farmers sell their produce directly to consumers.

Question 15: What is bartering?
Answer: Bartering is a form of trading in which goods or services are exchanged directly without the use of money.

Question 16: What is a night market?
Answer: A night market is a market that operates in the evening or night, often featuring food stalls, entertainment, and shopping.

Question 17: What is a specialty market?
Answer: A specialty market is a market that focuses on selling a specific type of product, such as organic food or handmade crafts.

Question 18: What is a consumer?
Answer: A consumer is a person who purchases goods or services for personal use.

Question 19: What is a retailer?
Answer: A retailer is a business or individual that sells goods directly to consumers.

Question 20: What is a shopping complex?
Answer: A shopping complex is a group of shops and stores located in one building or area, offering a variety of products and services.

Long Answer Type Questions for Class 7 Civics Chapter 7 Markets Around Us (LAQs)

Question 1: Which factors affect people’s choice of different types of markets?

Answer: Several factors influence people’s choice of different types of markets, including convenience, price, variety, quality, and personal preferences. Convenience plays a crucial role as people often choose markets that are easily accessible and close to their homes. Price is another significant factor, as consumers may opt for markets that offer goods at lower prices, such as wholesale or weekly markets. The variety and quality of products available also affect their choice, with some preferring specialized markets for specific goods. Personal preferences, such as the shopping experience, ambiance, and customer service, can also determine which market individuals choose to visit.

Question 2: Give a brief account of different types of markets with their special features.

• Local Markets: These are small-scale markets located within a community, offering everyday essentials and household items. They are known for their convenience and accessibility.
• Weekly Markets: Set up once a week, these markets offer goods at lower prices, attracting budget-conscious shoppers. They often feature a mix of fresh produce, clothing, and household items.
• Street Vendors: These are individuals who sell goods or food items from carts or stalls on the street. They are known for their mobility and ability to reach different locations.
• Shopping Complexes: Large, modern establishments that house multiple shops and brands under one roof. They offer a wide range of products and services, along with amenities like parking and food courts.
• Online Markets: Digital platforms where buyers and sellers interact and conduct transactions over the internet. They offer convenience, a vast selection of products, and often competitive prices.

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

Answer: A chain of markets is formed through the process of production, distribution, and consumption of goods. It starts with the producers who create the products, which are then passed on to wholesalers or distributors. These goods are then sold to retailers or directly to consumers through various market types, such as local markets, shopping complexes, or online platforms. The chain of markets serves the purpose of efficiently moving products from producers to consumers, ensuring that goods are available where and when they are needed. It also helps in price determination and provides a platform for competition among sellers, leading to better quality and variety for consumers.

Question 4: Why are things cheap in the weekly market?

Answer: Things are typically cheaper in weekly markets because they often involve direct selling by producers or local vendors, reducing the need for middlemen and thus lowering costs. Additionally, these markets are usually set up temporarily, which means lower overhead expenses for vendors compared to permanent shops. The competitive nature of weekly markets also drives prices down, as sellers aim to attract customers with affordable rates.

Question 5: In what ways is a hawker different from a shop owner?

Answer: A hawker is different from a shop owner in several ways. Hawkers are mobile vendors who sell goods from carts or stalls that can be moved from one place to another, while shop owners have a fixed location where they conduct their business. Hawkers typically sell a limited range of products, often focusing on items like snacks, fruits, or small household goods. In contrast, shop owners may offer a wider variety of merchandise. Additionally, hawkers usually operate with lower overhead costs and may not have a formal business setup, whereas shop owners often have more structured operations, including renting or owning a shop space and managing inventory.

NCERT Solutions for Class 7 Social Science

• NCERT Solutions for Class 7 History
• NCERT Solutions for Class 7 Geography
• NCERT Solutions for Class 7 Civics

Extra Questions Based on Important Topic of Class 7 Civics Chapter 7 Markets Around Us

Extra Question – Shops in the Neighborhood

Question 1: What are different types of shops in the neighborhood?

Answer: In the neighborhood, there are various types of shops, including grocery stores, vegetable and fruit vendors, bakeries, stationery shops, pharmacies, and clothing stores. These shops cater to the daily needs and requirements of the local community.

Question 2: How are shops in our neighborhood useful for us?

Answer: Shops in our neighborhood are useful for us as they provide easy access to essential goods and services. They save time and effort by being conveniently located and often offer a range of products that cater to our immediate needs. Neighborhood shops also contribute to the local economy by providing employment opportunities.

Question 3: Define the term credit.

Answer: Credit refers to an arrangement where goods, services, or money is provided in exchange for a promise of future payment. In the context of shops, it means that customers can take goods and pay for them at a later date.

Question 4: What are the two types of sellers in our neighborhood?

Answer: The two types of sellers in our neighborhood are usually fixed shopkeepers, who have a permanent shop or establishment, and street vendors or hawkers, who sell goods from movable stalls or carts and may change their location frequently.

Question 5: How are the neighborhood shops managed?

Answer: Neighborhood shops are usually managed by individual shopkeepers or family members. They are responsible for procuring goods, setting prices, maintaining inventory, and providing customer service. Many neighborhood shops are small-scale operations, so the management is often hands-on and personalized.

Question 6: How did Sujata make purchases? How does she make payments?

Answer: In the context of Class 7 Civics Chapter 7, Sujata likely made purchases from local shops or markets in her neighborhood, choosing items based on her needs. She would make payments either in cash or, if the shopkeeper allows, through credit, where she would pay for her purchases at a later date.

Extra Question – Shopping Complexes and Malls

Question 1: Why did the guard think of stopping Kavita and Sujata from entering the shop?

Answer: In Class 7 Civics Chapter 7 “Markets Around Us,” the guard thought of stopping Kavita and Sujata from entering the shop because they were dressed in simple clothes and carried school bags. The guard assumed that they might not be able to afford the expensive items in the shop or were not the typical customers the shop catered to.

Question 2: Describe shopping complexes and malls.

Answer: Shopping complexes and malls are large, enclosed spaces that house multiple stores and brands under one roof. They offer a wide range of products and services, including clothing, electronics, groceries, and entertainment facilities like movie theaters and food courts. Shopping complexes and malls are designed for convenience, providing a one-stop shopping experience for consumers. They often feature comfortable amenities such as air conditioning, parking facilities, and security, making them popular destinations for shopping and leisure activities.

Question 3: Why are branded goods expensive?

Answer: Branded goods are expensive for several reasons.

First, they often involve higher costs for research, design, and quality control to maintain the brand’s reputation.

Additionally, marketing and advertising expenses contribute to the overall cost of branded products. Branded goods also carry a premium for their perceived value, as consumers are willing to pay more for the prestige, quality assurance, and status associated with well-known brands.

Extra Question – Chain of Markets

Question 1. From where do you think shop owners procure their goods?

Answer: Shop owners procure their goods from various sources depending on the type of products they sell. They may purchase items from wholesalers, manufacturers, or distributors. Some shop owners might also import goods from other regions or countries, especially if they deal in specialty items. In the case of fresh produce, shop owners might procure their goods directly from farmers or local markets.

Question 2. Who is a retailer?

Answer: A retailer is a person or business that sells goods directly to consumers. Retailers are the final link in the supply chain, purchasing products from wholesalers or manufacturers and then selling them in smaller quantities to the end-users. They operate through various channels, including physical stores, online platforms, and market stalls.

Question 3. How is a chain of markets set up?

Answer: A chain of markets is set up through a series of steps that involve the production, distribution, and sale of goods. It begins with producers or manufacturers who create the products. These goods are then passed on to wholesalers or distributors, who sell them in bulk to retailers. Retailers, in turn, sell these products to consumers through various market types, such as local markets, shopping complexes, or online platforms. This chain ensures that products reach consumers efficiently and effectively.

Question 4. What do the terms wholesale and retail refer to?

Answer: The term “wholesale” refers to the sale of goods in large quantities, typically to retailers or other businesses, rather than to individual consumers. Wholesalers usually sell products at a lower price per unit, as they are dealing in bulk quantities. On the other hand, “retail” refers to the sale of goods in smaller quantities directly to consumers. Retailers purchase products from wholesalers or manufacturers and sell them at a higher price per unit to cover their costs and make a profit.

NCERT Solutions for Class 7 All Subjects

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• NCERT Solutions for Class 7 Science
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Multiple Choice Extra Questions for Class 7 Civics Chapter 7 Markets Around Us

What is the primary function of a market?

A) To provide entertainment
B) To facilitate the exchange of goods and services
C) To collect taxes
D) To regulate traffic

Answer: B) To facilitate the exchange of goods and services

Which of the following is an example of a weekly market?

A) A shopping mall
B) A farmers’ market
C) An online store
D) A department store

Answer: B) A farmers’ market

Who typically sells goods in a retail market?

A) Wholesalers
B) Manufacturers
C) Retailers
D) Consumers

Answer: C) Retailers

What is a characteristic of a street vendor?

A) Sells goods in a fixed location
B) Operates in a large shopping complex
C) Sells goods from a mobile stall or cart
D) Only sells goods online

Answer: C) Sells goods from a mobile stall or cart

Which of the following is not a type of market?

A) Online market
B) Chain market
C) Wholesale market
D) Retail market

Answer: B) Chain market

What is the main difference between wholesale and retail markets?

A) Wholesale markets sell services, while retail markets sell goods
B) Wholesale markets sell in large quantities, while retail markets sell in small quantities
C) Wholesale markets are for consumers, while retail markets are for businesses
D) There is no difference

Answer: B) Wholesale markets sell in large quantities, while retail markets sell in small quantities

What is the main advantage of shopping in a weekly market?

A) Products are more expensive
B) Products are sold in bulk
C) Products are cheaper
D) There are fewer products available

Answer: C) Products are cheaper

Which of the following best describes a shopping complex?

A) A place where goods are sold once a week
B) A large enclosed area with many different stores
C) A mobile vendor selling goods on the street
D) A website where goods are sold online

Answer: B) A large enclosed area with many different stores

FAQs on Class 7 Civics Chapter 7 Markets Around Us Extra Questions and Answers

What is a mall Class 7?

A mall in Class 7 Civics is a large, enclosed shopping complex with various stores, food courts, and entertainment facilities. It's a place where people can shop, eat, and have fun under one roof.

What is market class 7 very short answer?

In Class 7 Civics, a market is a place where buyers and sellers come together to exchange goods and services. It can be physical like a local market or virtual like an online platform.

What are the 4 types of markets?

The four types of markets are local markets, shopping complexes, weekly markets, and online markets. Each type offers different products and shopping experiences to consumers.

Why branded goods are expensive as compared to unbranded goods Class 7?

Branded goods are often more expensive than unbranded goods in Class 7 Civics because they come with a promise of quality, reputation, and sometimes, unique features that unbranded goods may not offer.