Question

"The number of people would increase faster than the food supply." This concept was given by which one of the following?

• A. Griffith Taylor
• B. Thomas Malthus
• C. Brundtland
• D. Walter Burley Griffin

Hint:

Retail trading is directly concerned with selling goods to consumers, either in physical stores or through online platforms.

Answer 1

The Correct Option is C

Retail trading involves selling products directly to end-users, marking the final step in the distribution process. An examination of the provided options is as follows:- (A) "It takes place in urban centres only." This is false. Retail trade occurs in both urban and rural settings, though the volume and assortment of merchandise may differ.- (B) "Retail traders are the collection and distribution centres." This is incorrect. Retail traders typically do not handle the collection or distribution of goods; their main function is direct sales to consumers.- (C) "It is concerned with the sale of goods directly to the consumers." This is accurate. The core definition of retail trade is the sale of goods directly to consumers.- (D) "Retail traders primarily direct the goods to be manufactured to their specifications." This is inaccurate. Retail traders generally do not dictate manufacturing specifications; this role is more aligned with wholesalers or manufacturers.Therefore, option (C) is the correct answer.