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In order to avoid the antisocial practices the government has introduced public distribution system.

a) Maintain the standard of goods.

c) Main products are bicycle fans radios etc.

d) Permanent shops

b) Genetic Industries

Hawkers carry goods on their heads, move from ‘door to door’ and sell their goods. They generally sell only one or two types of goods.

No country in the world is self sufficient in all the natural resources. Some countries have plenty of natural resources. Using the available natural resources they produce more goods than they require and the excess is imported to other countries. In the same way some countries are deficient , in some natural resources and thus they depend on other countries for natural resources.

There are three types of trade. They are Home trade, foreign trade, Entrepot trade.

Retail trade is carried out in different ways. The important types are 

• Permanent shops 
• Itinerant or mobile traders.

Retail trade is carried out in different ways. The important types are; 

(a) Permanent shops. 

(b) Itinerant traders. 

(a) Permanent shops: They are opened at a fixed place and carry out trade. 

(b) Itinerant or Mobile traders: They do not have fixed place to carry on their trade. 

The important among them are :-

• Hawkers 
• peddlers 
• street vendors and market vendors.

Secondary industries are labour oriented Industries. They are further divided into Manufacturing industries and construction industries.

Industry is concerned with production of goods, extraction of minerals and also providing some services. Industries may be classified into two main types. They are: Primary industries and secondary industries.

1. Primary industries: These industries produce goods by using the natural resources. 

E.g.- agricultural, fishing, dairy farming, mining, etc. These industries are further divided as: genetic industries and extractive industries. 

2. Secondary Industries: They are labour oriented industries. They are further divided into Manufacturing Industries and Construction Industries.

They display goods in busy street corners or on pavements and sell them to the consumers.

Retail trade is buying the goods from the wholesalers and selling them to the consumers.

The retail traders render services to the consumers. They are: 

1. They are the last connecting link in the distribution of goods. 

2. The supply variety of goods produced by different producers to the consumers. 

3. They store the goods to meet the demand of the consumers, they take the risk of loss in business or loss of goods. 

4. They grade the goods and supply according to the consumers taste. 

5. They provide credit facilities to the consumers. 

6. Give more information about the newly available goods.

Trade within the countiy is called home trade.

Economic and social activities are the two important objectives of business.

1. Singapore.

2. Villages.

3. Small scale industries.

4. Reasonable.

5. ISI and AGMARK.

1. It provides employment opportunities, 

2. It gives fair wages and salaries 

3. Help them to improve their standard of living. 

4. It contributes its shore the economic development of a nation by paying taxes, rates and duties. 

5. It also contributes a fair for the social welfare of the nation by starting and running of schools, colleges, hospitals and also by maintaining public gardens, etc.

1. Business supplies goods and services to the consumers and thus creates consumers/Earning reasonable profit is the main objective of business. 

2. Which is sufficient to lead comfortable life. 

3. It uses available resources to produce the goods that are sufficient to consumers. 

4. It brings changes in production by adopting a new techniques. 

5. It also enables the consumers to know about the changes in products through advertisement.

Business is an organization or enterprising entity engaged in commercial, industrial or professional activities. Stephenson defines that the regular production or purchase and sale of goods under taken with an objective of earning profit and acquiring wealth through the satisfaction of human wants.

Different mobile shops are Hawkers, peddlers, street traders market sellers.

Wholesalers are buy goods in large quantity from producers and sell them to the retailers in small quantities. Generally they deal with one or two types of goods. They help the retailers in many ways.

c) Entrepot Trade

Carpentry, smithy, carpet weaving pottery, blanket making, stone carving. etc., are some examples for small scale industries.

1. Import 

2. Export 

3. Entrepot trade

Chemical industry, manufacture of engineering goods, shoes, bicycles, fans, radios, sewing machine, soaps, garments are some of the examples for cottage and small scale industries.

Road transport, Railways, water transport and air transport overcome the hindrance of place and risk.