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Classify markets on the basis of geographical area. - Commercial Applications

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प्रश्न

Classify markets on the basis of geographical area.

थोडक्यात उत्तर

उत्तर

  1. Local Market: This is a market where buying and selling are limited to a local area, such as a village, town, or city.
  2. Regional Market: This is a market where buying and selling are restricted to a particular region or state, such as Southern India.
  3. National Market: This is a market wherein buying and selling activities are limited within the boundaries of a particular country, e.g., India.
  4. International Market: This is a market wherein buying and selling involve buyers and sellers from several countries, such as the European Union.
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Types of Markets
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Markets and Marketing - QUESTION BANK [पृष्ठ १४]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 1 Markets and Marketing
QUESTION BANK | Q 5. | पृष्ठ १४
गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 1 Markets and Marketing
EXERCISES | Q 5. | पृष्ठ १३
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