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How many types of traders are there in bazaars? |
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Answer» Those middlemen, who are in between the producers of goods and the consumers of goods are known as traders. Traders are of two types: 1. Wholesale traders – Those traders who buy goods in bulk from producers and then sell it to small traders are known as wholesale traders. 2. Retail traders – Retail traders are directly associated with the consumers. They sell their goods to the consumers. These types of traders sell their goods in villages/colonies, weekly bazaars and shopping complexes. |
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