lesson no. 12 Q4. Differentiate Between Wholesale and Retail Markets.

Answer: The main difference is the quantity of goods sold and who buys them.

Wholesale MarketRetail Market
Goods are sold in large quantities.Goods are sold in small quantities.
Goods are usually sold to retailers or other businesses.Goods are sold directly to final consumers.
Example: A merchant buys 1,000 pairs of shoes from a factory.Example: A customer buys one pair of shoes from a shop.

Remember: Wholesale = Bulk buying. Retail = Buying for personal use.

Leave a Reply

Your email address will not be published. Required fields are marked *