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The Market As A Social Institution
Question
What were the consequences when tribal economy linked to wider-markets?
Solution
There were very negative consequence as outsiders acquired their lands for mining, setting up industries, lumbering etc. purposes. They were made-labourers and severe pains were inflicted upon them.
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Some More Questions From The Market as a Social Institution Chapter
In what ways is a market-such as a weekly market a social institution.
How many caste and kin networks contribute to the success of a business?
In what ways did the Indian economy change after the coming of colonialism?
Explain the meaning of commoditisation with the help of examples.
What is a status symbol?
What are some of the processes included under the label globalisation?
What is meant by liberalisation?
In your opinion will the long term benefits of liberalisation exceed its costs? Give reasons for your answer.
How can you state that markets are nothing else but a kind of social organisation?
What is kinship? Discuss the functions of kinship in Indian society.
Mock Test Series
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