10 Lines Essay on Local Market in English for Students

  1. A market is a place  in which the buying and selling activities are done.
  2. The two parties involved in a transaction are called seller and buyer.
  3. In local market buyers and sellers from the same village or nearby villages. 
  4. The village markets exist mostly for perishable commodities in small lots, e.g., local milk market or vegetable market.
  5. Markets are critical in price formation, liquidity transformation and allowing firms to service the needs of their clients.
  6. In local markets sellers sell their products in local regions or areas. 
  7. Local markets support traditional, environmentally-friendly and landscape-friendly farming methods that conserve biodiversity. 
  8. It helps in energy saving as unnecessary transport is limited.
  9. It also reduces pollution and harmful emissions. 
  10. Local markets promote healthier eating.