Markets Around Us Test - 2

Traders are the link between producers and Customer. The wholesale trader first buys goods in large quantities.

The people in between the producer and the final consumer are the traders.

Spinning mill buys the bales. Spinning mill spins the cotton into yarn. Spinning mill buys the cotton and sells yarn to the yarn dealers.

The people in between the producer and the final consumer are the traders. The wholesale trader first buys goods in large quantities. For example, the vegetable wholesale trader will not buy a few kilos of vegetables, but will buy in large lots of 25 to 100 kilos. These will then be sold to other traders. In these markets, buying and selling takes place between traders. It is through these links of traders that goods reach faraway places. The trader who finally sells this to the consumer, is the retailer.

This is where goods first reach and are then supplied to other traders.

Garment exporters buy the cloth from merchants for making shirts. The exporter sells shirts to the businessperson from the USA or any other country in the world.

Erode is  bi-weekly cloth market in Tamil Nadu is one of the largest cloth markets in the world

Shops in the neighborhood are useful in many ways. They are near our home and we can go there on any day of the week. These shops also provide goods on credit.

Branded clothes are sold in shopping Malls.

A weekly market is so called because it is held on a specific day of the week. Weekly markets do not have permanent shops. 

There are other markets in the urban area that have many shops, popularly called shopping complexes. These days, in many urban areas, you also have large multistoried air-conditioned buildings.

Ginning mill removes the seeds and presses

the cotton into bales.Spinning mill buys the bales.

Wholesale refers to buying and selling in large quantities. Most products, including vegetables, fruits and flowers have special wholesale markets.

Weekly markets do not have permanent shops. Small traders set up shops for the day and then close them up in the evening. Then they may set up at a different place the next day

There is a large scale production in china market hence producers are the first key in China market.

Spinning mill buys the cotton,spins it and sells yarn to the yarn dealer.

Kurnool is a beautiful city located in Indian state of Andhra Pradesh.

Erode is bi-weekly cloth market in Tamil Nadu is one of the largest cloth markets in the world

Ginning mill buys the cotton.It removes

the seeds and presses the cotton into bales.

Weekly markets are not daily markets but are to be found at a particular place on one or maybe two days of the week. Small trader sells in the weekly market.

Malls are multi-storied air-conditioned buildings with shops on different floors.

Cultivation of cotton requires high levels of inputs such as fertilizers and pesticides and the farmers have to incur heavy expenses on account of these.

Branded goods are expensive, often promoted by advertising and claims of better quality and are used as status symbol.

Retailers are small traders who buy goods from the wholesale trader and sell this to the consumers.

Swapna is a small farmer in Kurnool (Andhra Pradesh) grows cotton on her small piece of land

Trader sells cotton to the Ginning Mill

A chain of markets links the producer of cotton to the buyer of the shirt in the supermarket. Buying and selling takes place at every step in the chain.

The trader who buys good from the wholesaler and sells it to the consumer at a higher price and earns profit.

People in urban areas can enter markets without stepping out of their homes via the Internet. They use their credit cards to make online purchases.

Most of workers in the garment factory are women. Women are employed as helpers for thread cutting, buttoning, ironing and packaging. These jobs have the lowest wages.