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Question
How do you think your neighbourhood shop gets its goods? Find out and explain with some examples.
Answer in Brief
Solution
My neighbourhood shop gets its goods from wholesale traders. For example, wholesale traders of clothes, vegetables, etc. first buy these goods in large quantities. These goods then are sold to other traders, generally called distributors. These are the distributors who sell the goods to retailers, i.e., neighbourhood shop owners.
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Chain of Markets
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