Compare and contrast a weekly market and a shopping complex on the following.
A. Market
B. kind of goods sold prices of goods seller buyers
C. Weekly market
D. Shopping complex
Answer
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Hint: The weekly markets take place on certain business days. The weekly market has no permanent stores. A shopping complex is another market in the city area which has many shops. Many urban areas have large, multi-story air-conditioned buildings with shops on different floors. They are called malls.
Complete step by step answer:
Weekly market:
1. Kinds of goods sold- various elements of our daily life such as vegetables, foodstuffs, cloth items, tools, and others.
2. Price of goods- the price of the goods is not very high, ordinary people can easily buy them.
3. Sellers- small traders and hawkers.
4. Buyer- local people belonging to a low-income group.
Shopping complex:
1. Kinds of goods sold- branded goods such as apparel, household appliances, shoes, leather goods, etc. there are also foods such as pizza, burgers, etc.
2. Price of goods- the price of goods is high. Only rich people can afford to buy them.
3. Sellers- big businessmen and traders
4. Buyer- wealthy city people.
Note: Advantages of the weekly market are whether groceries, vegetables and clothes or shoes- all in one place. Greater choice for buyers: since there are multiple sellers selling the same products, buyers have the choice of whom to buy from. The Galleria Vittorio is one of the original and oldest shopping malls in the world and a place to shop in Milan and possibly in all of Italy. LuLu International Mall, Kochi. LuLu International Shopping Mall is the largest shopping mall in India with total retail space and has retail stores on four floors.
Complete step by step answer:
Weekly market:
1. Kinds of goods sold- various elements of our daily life such as vegetables, foodstuffs, cloth items, tools, and others.
2. Price of goods- the price of the goods is not very high, ordinary people can easily buy them.
3. Sellers- small traders and hawkers.
4. Buyer- local people belonging to a low-income group.
Shopping complex:
1. Kinds of goods sold- branded goods such as apparel, household appliances, shoes, leather goods, etc. there are also foods such as pizza, burgers, etc.
2. Price of goods- the price of goods is high. Only rich people can afford to buy them.
3. Sellers- big businessmen and traders
4. Buyer- wealthy city people.
Note: Advantages of the weekly market are whether groceries, vegetables and clothes or shoes- all in one place. Greater choice for buyers: since there are multiple sellers selling the same products, buyers have the choice of whom to buy from. The Galleria Vittorio is one of the original and oldest shopping malls in the world and a place to shop in Milan and possibly in all of Italy. LuLu International Mall, Kochi. LuLu International Shopping Mall is the largest shopping mall in India with total retail space and has retail stores on four floors.
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