Question:

Automatic vending machines and the internet are examples of which of the following types of trade?

  • Rural Marketing Centres
  • Wholesale Trading
  • Urban Marketing Centres
  • Retail Trading
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The Correct Option is D

Solution and Explanation

Automatic vending machines and internet platforms are direct channels through which goods are sold directly to consumers. This activity is part of Retail Trading, which involves selling goods in small quantities to the end-users or consumers.

  • Rural Marketing Centres: Hubs for marketing agricultural produce in rural areas.
  • Wholesale Trading: Involves selling goods in large quantities to retailers or other merchants.
  • Urban Marketing Centres: Markets located in cities but are not specific types of trade.

Thus, vending machines and online sales exemplify Retail Trading.

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