What is the main idea of the passage?

A market can form without one building when buyers and sellers share offers, rules, and enough trust to exchange. (The passage defines a market through connected exchange rather than a particular building.)

Why do fishers benefit from hearing several offers?

They gain information for comparing buyers and prices. (The third paragraph links limited buyer knowledge with a weak basis for comparison.)

What does “exchange” mean here?

giving goods or services in return for payment or value (The buyers and sellers coordinate price, product, payment, and delivery.)

What unit does the passage say people must understand?

a kilogram (The final paragraph names agreement about what a kilogram means.)

The Market Without a Building: Level 1 Reading Comprehension Questions

A market does not always have stalls or one address. Suppose fishers announce today's catch by phone. Restaurants reply with prices and amounts. Buyers and sellers are forming a market through shared information.

The market exists because offers can meet. A buyer learns what is available and what it costs. A seller learns who wants the product. Payment and delivery may happen later in different places.

Clear information helps the market work. If only one buyer knows the catch, fishers may have little basis for comparison. If prices arrive too late, fresh fish may spoil.

Rules and trust also matter. People need to know what a kilogram means, when payment is due, and whether a promise will be kept. A building can make meeting easier, but exchange depends on communication, not walls.

Comprehension questions