Which of the following is not correct about market in agriculture? it is
Answer Details
The option that is not correct about market in agriculture is "a place for social activities". While it is true that markets may provide opportunities for social interactions, the primary purpose of a market is to facilitate buying and selling activities. Markets in agriculture can be physical or virtual and may involve various types of transactions, including spot sales, forward contracts, and futures contracts. The market brings together buyers and sellers, who negotiate prices and quantities, and determine the terms of the transaction. In this way, markets play an important role in the economy by facilitating the exchange of goods and services between buyers and sellers.