Markets Around Us | Retail Trade | Civics | Class 7 скачать в хорошем качестве

Markets Around Us | Retail Trade | Civics | Class 7

Market Around Us The earliest signs of the market system at work can be seen with the advent of bartering within tribes as far back as 6000 B.C. in Mesopotamia. If Tom had twenty cows and Igor had eighty hens, and Tom and Igor agreed that one cow was worth four hens, then the trade could take place. The problem with the barter system, however, was that in order for a trade to take place, both parties had to want what the other party had. This 'co- incidence of wants' often did not happen. The demands of growing business and trade caused a money system to be developed. Silver rings or bars are thought to have been used as money in ancient Iraq before 2000 B.C.E. In this chapter, we will study: • Retail trade • Wholesale trade AASOKA provides 2D/3D educational videos based on the CBSE curriculum that will help you understand difficult concepts and complicated experiments in a simple, easy-to-understand way. You can check all available videos of this grade and to get more clarity, or for progression of difficulty in different topics of this subject, you can check out the given playlists available on our channel: Class 7 : https://bit.ly/Class7_AllSubjects Visit our website https://aasoka.com/ for more details or download our app Android: https://bit.ly/3nWGDe2 iOS: https://apple.co/3EFsA2f To stay up-to-date with exciting updates about our videos and other content, connect with us on: Facebook: https://bit.ly/3QsdZNP Instagram: https://bit.ly/3GQCMIo Please encourage us by liking our videos. Leave a comment about what we did well and how we can improve. Don't forget to subscribe to our channel to watch more educational videos! #cbse #ncert #class7 #sst