Which among the following is not a type of market ?

Correct option is C

The Putting-Out System is a method of production and manufacturing, not a market. It involves outsourcing work to be done at home by individuals or families, which makes it different from a market where goods and services are exchanged.

Information Booster:

·       Weekly Markets are often held in open areas and are temporary setups where goods like groceries, clothes, and household items are sold.

·       Shopping Complexes and Malls are permanent structures, providing a more organized marketplace for a wide range of products.

·       The Putting-Out System was primarily used in the early days of the textile industry, where goods were produced outside of factories, with raw materials provided by merchants to be worked on by artisans or laborers at home.

Additional Knowledge:

·       Putting-Out System: It was a production system used mainly in pre-industrial times and is still in use in certain industries like handicrafts and textiles today. It focuses on outsourced labor, not on the exchange of goods or services like a market.

·       Markets: Weekly markets, shopping complexes, and malls are all examples of physical markets where goods and services are traded. These differ in their scale, location, and variety of goods offered.