NCERT PDF | Sociology | Class 12
Indian Society
Chapter: 4
The market as a social institution
The National Council of Educational Research and Training (NCERT) created a new curriculum and formed Textbook Development Teams for Class XII to write textbooks in Sociology based on the new standards and curriculum. Every question in the 2022 Board Exams will be based only on the NCERT Class 12 Sociology Book PDF, which is available here.
NCERT Class 12 Sociology Indian Society Chapter : 4 PDF
On this page, you can read or download Chapter 4 The market as a social institution of the NCERT Book for Class 12 sociology . Students in Class 12 or preparing for any exam based on Class 12 Sociology might use the NCERT Book to supplement their studies. When you don't have access to a physical copy, digital NCERT Books Class 12 Sociology pdf are always useful.
The NCERT Class 12 Books are simple to obtain. Simply click the link to open a new window with all of the NCERT Book Class 12 Sociology pdf files organised by chapter. Choose the chapter you want to download, and you're done. You'll be able to study offline with the PDF on your device.
NCERT Class 12 Sociology Indian Society chapter 4 The market as a social institution
what is included in chapter 4 sociology ?
About Chapter :4 The market as a social institution
In chapter 4 students will understand the sociological perspective of the market and the economy, understanding capitalism as a social system, the chapter also discusses interlinking of local, regional, national and international markets.
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Important Question
Important Question from chapter 4 : The market as a social institution
Q- What are some of the different forms that the family can take?
A- Commoditisation occurs when things that were earlier not traded in the market become commodities.
For example:
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Labor and talents have become commodities that can be purchased and traded.
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The sale of human organs, such as kidneys, by the destitute to wealthy patients in order to make money.
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Traditionally, families planned weddings, but nowadays, professional marriage bureaus and websites assist people in finding brides and grooms and collecting appropriate payments. Previously, rituals and ceremonies were planned out by family elders, but now the entire ceremony is contracted out to wedding planners.
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People in the past could not have imagined that someone could sell or charge money for drinking water. However, we now purchase bottled water as a normal commodity, one that we may buy and sell.