Class 7 / Social Science

CBSE Class 7 Social Science, Chapter 12: Understanding Markets

NCERT Exploring Society: India and Beyond Part 1, pages 247–272. 15 topics, about 9 days of study at 20 to 30 minutes a day.

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Topics in this chapter, with textbook pages

  • Introductionpages 247–249
  • What is a Market?pages 250–252
  • Prices and Marketspages 252–254
  • Markets Around Uspage 254
  • Physical and online marketspages 254–255
  • Domestic and international marketspages 255–256
  • Wholesale and Retail Marketspages 257–262
  • The Role of Markets in People’s Livespage 263
  • How markets benefit societypages 263–265
  • Government’s Role in the Marketpage 265
  • Controlling prices for protecting buyers and sellerspages 265–266
  • Ensuring quality and safety standardspage 266
  • Mitigating the external effects of marketspages 266–267
  • Providing public goodspage 267
  • How can consumers assess the quality of products and services?pages 267–271

Teach this chapter at home

  • A day-by-day plan with the exact textbook pages for each day.
  • A step-by-step script for each day, so you know what to say and ask, written from the NCERT chapter.
  • A quiz at the end and a written task you can check with a photo of the notebook.
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Textbook pages follow the 2026-27 NCERT print and can differ by a page or two in older prints. Adhian Gurus is not affiliated with NCERT or CBSE.

CBSE Class 7 Social Science, Chapter 12: Understanding Markets: topics and textbook pages | Adhian Gurus