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Home/Questions/Have you heard about or visited a school carnival/...

Have you heard about or visited a school carnival/fair organized by your school or any other school? Discuss with your friends and teachers about the kind of activities organized by students there. How do they conduct selling and negotiation with the buyers?

Class 7Social ScienceUnderstanding Markets

Verified Answer

Yes, I have visited a school carnival/fair organized by my school. These events typically feature a variety of activities organized by students, such as stalls selling food, games, toys, and handmade crafts. There are also live performances, dance shows, and art exhibitions. In these events, students take charge of setting up and running their own stalls.

Regarding the selling and negotiation process:

Selling: Students often set up a fixed price for their items, such as ₹10 for a piece of cake or ₹50 for a handmade bracelet. They make sure the items are attractively displayed to catch the attention of visitors.

Negotiation: In some cases, buyers may try to negotiate the price, especially if they are buying multiple items. Students may offer a discount or extra items to persuade buyers to make a purchase. For example, if a person wants to buy three cupcakes, the student might offer them at a lower price, like ₹25 for three, instead of ₹10 for each.

This type of negotiation teaches students valuable skills like communication, pricing strategies, and customer service.