because if the price of the commodity increase then the demand will decrease
there is a rise in speculative activity in case of essential commodities in which a small trader suffers.
In the Essential Commodities Act, 1955, seizure refers to the act of taking possession of essential commodities deemed to be unlawfully held or hoarded. Confiscation, on the other hand, involves permanently depriving the violator of their rights to the seized commodities as a penalty for the offense.
MRTP organisation
You won't have a church for long without praise and worship. It is essential.
Ration shops are able to sell commodities at low prices because they are subsidized by the government. The government provides them with essential commodities at lower rates, which allows the ration shops to sell them to the public at a subsidized price. This is done to ensure that essential goods are affordable and accessible to all sections of society, especially the economically weaker sections.
When the cost of something becomes far more expensive than its original price.Price rise is a great problem of the day. It is a common phenomenon not only in our country but also in the world. Today the prices of necessary things such as food items, cloths, education materials, medicine and many other necessary things are going up by leaps and bounds. Price rise is caused by several factors like hording, population explosion, low productivity, natural calamities, wars, backwardness of communication, evil motives of dishonest businessmen, smuggling, black marketing etc. If the price rise is caused by the short supply of commodities, it is temporary. But it is very difficult to control the price rise caused by inflation. However, the people of low income suffer greatly and pass there days in constant anxiety. They find it, difficult to make their both ends meet. Price rise has terrible effects on man's character. It leads people to the path of corruption and moral degradation. Lows should be enforced strictly to bring the prices of the essential commodities within the purchasing capacity of the common people
The freshness of the primary commodities is the observed changed. Primary commodities refers to the commodities in unprocessed state.
Horticulture commodities refer to a wide range of products derived from the cultivation of plants for food, ornamental purposes, and other uses. This includes fruits, vegetables, nuts, herbs, flowers, and ornamental plants. These commodities are essential for both local and global economies, playing a critical role in agriculture, food supply, and landscaping industries. The production and trade of horticultural commodities are influenced by factors such as climate, market demand, and agricultural practices.
rise in prices
Yes, a famine would likely increase the share prices of commodities like wheat due to heightened demand and reduced supply. As scarcity sets in, investors anticipate higher future prices, leading to increased trading activity and speculation in commodity markets. Additionally, companies involved in agriculture and food production may see their stock prices rise as they capitalize on the increased demand for essential goods.
Currencies are bought and sold on the open market - just like other commodities. The more popular a currency is - the higher the selling price will be.
It depends: are we talking about commodities CONTRACTS, or the commodities themselves? A person who specializes in buying and selling commodities futures and options is a commodities broker. Someone who buys and sells the physical good--lumber, wheat, whatever--is a commodities dealer.