Exercise 1

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Embibe Experts Social Science Solutions for Exercise 1

Simple step-by-step solutions to Exercise 1 questions of Markets Around Us from Social Science Textbook of Competency Based Questions for Class VII. Also get 3D topic explainers, cheat sheets, and unlimited doubts solving on EMBIBE.

Questions from Exercise 1 with Hints & Solutions

HARD
7th CBSE
IMPORTANT

If the producer of mustard oil wants to open a production unit, which of the following would be a good location for her /him? Give reasons for your choice.

a. Close to mustard fields b. Close to a marketplace c. Close to a residential area

MEDIUM
7th CBSE
IMPORTANT

How farmers do not get just price for their produce?

HARD
7th CBSE
IMPORTANT

Why are supermarkets called self-service stores?

MEDIUM
7th CBSE
IMPORTANT

Look at the picture carefully:

Question Image

Why do farmers prefer to sell their produce in a mandi?

HARD
7th CBSE
IMPORTANT

How is a retailer different from a wholesaler?