Theory question 108
Distributive TradeSection B: answer four questions only from this section.
Why is the small scale trader important in West African countries?
Show the model answer
Model answer
Sells in small quantities to suit consumers with low incomes
Brings goods close to consumers, including in rural areas
Provides employment and self-employment for many people
Grants credit to regular customers
Gives personal services and advice to customers
Distributes goods of large producers and wholesalers
Requires little capital, so many people can enter
Provides market information to wholesalers and producers
Opens for long hours, offering convenience
Explanation
Give and explain at least five points.