Urban market Study

Content:

1. Market2. Distribution Channel3. APMC4. Market Yard5. Retail6. Navipeth and Tuljapur Cloth Market7. Religion and Market8. Street Vendors9. Inflation and its Causes

Market

A Market is a mechanism in which buyers and

sellers of any commodity are able to interact with each other and strike a deal of the goods to be

bought and sold.

Distribution channel:A channel of distribution

is a chain or channel through which a

commodity reaches from the producer to

consumer through a proper passage.

APMC:APMC is established by

the state government for regulating the marketing

of different kinds of agricultural produce for the same market area.

Market yard:

Market yard is a place where fruits,

vegetables, grocery etc are sold and

distributed in bulk at wholesale price.

Retail:

Retail is the sale of goods and services from individuals or businesses to the end-user.

Retailers are part of an integrated system called the supply chain. A retailer purchases goods or 

products in large quantities from manufacturers directly or through a wholesale,

and then sells smaller quantities to the consumer for a profit. Retailing in India is one of the pillars of its economy and accounts for 14 to

15 percent of its GDP.

Navipeth and Tuljapur cloth market:

Cloth the basic necessity to live is one of the major component of a market. In tuljapur we can mainly

find red and green sarees which the women used to wear in nauvari style. And in Solapur the market provide all kinds of cloths from

different areas of country.

Religion and market: Religion in many aspects has a lot of importance in governing the market behaviour. The first decades of the

nineteenth century were not just about profit seeking and economic growth;

the period was also filled with religious enthusiasm and creativity. Today in the

21st century, the era of science and technology, the market at religious

places is very much successful.

Street vendors:

Street vendors are an integral component of urban economies around the world. Distributors of

affordable goods and services, they provide consumers with convenient

and accessible retail options and form a vital part of the social and

economic life of a city.

Inflation: Inflation is defined as a process of persistent

and appreciable rise in the general level of prices. It refers to a

process of rise in prices and NOT a state of high

prices.

Causes of inflation:

1. increase in money supply: the It represents an increase in

purchasing power of the people.

2. deficit financing: due to more money in the economy again the purchasing power increases with

constant supply increasing over all prices.

3. increase in population: it leads to increase in demand of

commodities where as the supply remain constant.

4. higher taxes: indirect taxes are passed over by the producer

to the consumer leading to inflation.