Question
What do you know about periodic markets?
Solution
Periodic markets:
(i) Periodic markets in rural areas are found where there are no regular markets and local periodic markets are organised at different temporal intervals.
(ii) These may be weekly, biweekly markets from where people from the surrounding areas meet their temporally accumulated demand.
(iii) These markets are held on specified dates and move from one place to another. The shopkeepers thus, remain busy on all the days while a large area is served by them.
