In the United States and other developed countries, weekly farmers' markets draw business away from the local grocery stores. Periodic markets in developing countries serve

Question

• the same purpose.
• to bring in international and luxury foods and other goods.
• as annual festivals related to the harvest or other traditions.
• as a means for governments to deliver public services a few times each year.
• to provide consumer services in areas without threshold for permanent shops.

WHAT IS THE CORRECT ANSWER OUT OF THE OPTIONS ABOVE? ONLY ONE IS CORRECT PROVIDE THAT ANSWER AND EXPLAIN

Answer 1

The correct answer is: to provide consumer services in areas without a threshold for permanent shops.

Periodic markets in developing countries serve this purpose by offering essential goods and services to communities that may not have access to permanent stores. These markets help fulfill the basic needs of the population and provide economic opportunities for local vendors. They are an important part of the local economy and play a vital role in ensuring access to essential goods and services.