Question

[2]. Passage:An old city market is not a museum, though tourists photograph it as one. It is a working argument between past and present: spice sellers who remember prices their grandfathers charged, bookbinders repairing volumes no publisher reprints, and tailors altering clothes for customers who no longer wear the styles they were trained to cut. When planners call such a market inefficient, they measure only rent per square foot and miss the apprenticeships, credit networks and oral histories that hold a neighbourhood together. Heritage here is not a building preserved behind glass; it is a skill passed from hand to hand, a recipe adjusted each season, a bargaining language that carries courtesy as well as commerce. Protecting it therefore means protecting livelihoods first, because once the makers leave, the stones that remain tell only half the story.

Why is calling a market 'inefficient' misleading?

1.
Markets never earn any rent
2.
Old markets have no customers
3.
It ignores apprenticeships, credit networks and oral histories
4.
Tourists dislike old markets
Answer (Detailed Solution Below)

Option 3 : It ignores apprenticeships, credit networks and oral histories

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Detailed Solution

सही उत्तर It ignores apprenticeships, credit networks and oral histories है।

Key Points

Rent-only measurement misses social value.

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Question:

[2]. Passage:An old city market is not a museum, though tourists photograph it as one. It is a working argument between past and present: spice sellers who remember prices their grandfathers charged, bookbinders repairing volumes no publisher reprints, and tailors altering clothes for customers who no longer wear the styles they were trained to cut. When planners call such a market inefficient, they measure only rent per square foot and miss the apprenticeships, credit networks and oral histories that hold a neighbourhood together. Heritage here is not a building preserved behind glass; it is a skill passed from hand to hand, a recipe adjusted each season, a bargaining language that carries courtesy as well as commerce. Protecting it therefore means protecting livelihoods first, because once the makers leave, the stones that remain tell only half the story.

Why is calling a market 'inefficient' misleading?

1.
Markets never earn any rent
2.
Old markets have no customers
3.
It ignores apprenticeships, credit networks and oral histories
4.
Tourists dislike old markets

Correct Answer: It ignores apprenticeships, credit networks and oral histories

Rent-only measurement misses social value.

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