Question

Differentiate between Primary, Secondary and Terminal Markets.

17 Jul 2025
Answer :
Word Count : 272
In the context of the Indian Economy, markets for agricultural produce and commodities are classified into three main types: Primary, Secondary, and Terminal Markets, based on their location, function, and role in the distribution process. Primary markets are also known as village or local markets. These are located near the producing areas and serve as the initial point of sale where farmers directly sell their produce to local _______ ___ ________ _____ __________ _____ ______ __________ __________.
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