CBSE Class 7 Social Science
Question 1 of 1
Understanding Markets — Question 4
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Question Match the following types of markets with their characteristics:
| Markets | Criteria |
| Physical market | Requires physical presence of buyers and sellers |
| Online market | Buyers and sellers meet virtually and can transact at any time |
| Domestic market | Lies within the boundaries of a nation |
| International market | Goods and services flow outside the nation’s boundaries |
| Wholesale market | Deals in bulk quantities |
| Retail market | Serves the final consumers with goods and services |