Question

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

• A. Rural Marketing Centres
• B. Wholesale Trading
• C. Urban Marketing Centres
• D. Retail Trading

Answer 1

The Correct Option is D

Automatic vending machines and internet platforms serve as direct sales channels to consumers. This constitutes Retail Trading, defined as the sale of goods in small quantities to end-users.

• Rural Marketing Centres: Facilitate the marketing of agricultural produce in rural settings.
• Wholesale Trading: Involves the bulk sale of goods to retailers or other merchants.
• Urban Marketing Centres: Are city-based markets without specific trade designations.

Consequently, vending machines and online sales are prime examples of Retail Trading.