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- nounmarket (noun) · markets (plural noun)
- a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities:"farmers going to market"
- an area or arena in which commercial dealings are conducted:"the labor market" · "the sale of cruisers in the American market continues to plummet"
- a demand for a particular commodity or service:"there is a market for ornamental daggers"
- the state of trade at a particular time or in a particular context:"the bottom's fallen out of the market"
- the free market; the operation of supply and demand:"future development cannot simply be left to the market" · "a market economy"
- a stock market:"the sale of the company's shares on world markets"
OriginMiddle English, via Anglo-Norman French from Latin mercatus, from mercari ‘buy’ (see also merchant). - People also ask
Market: What It Means in Economics, Types, and Common Features
A market is a place where buyers and sellers can meet to exchange goods and services. Markets can be physical or virtual, and they establish the prices of goods and services by supply and demand. Learn about the types, features, and examples of different markets, such as illegal, auction, and financial markets. See more
A market is a place where parties can gather to facilitate the exchange of goods and services. The parties involved are usually buyers and sellers. The market may be physical, like a retail outlet, where people meet face-to-face, or virtual, like an online market, where … See more
Markets vary widely for several reasons, including the kinds of products sold, location, duration, and size. The constituency of the customer base, size, legality, and other … See more
Other than underground markets, most markets are subject to rules and regulations set by governing body that determines the … See more
A market is any place where two or more parties can meet to engage in an economic transaction—even those that don't involve legal tender. A market transaction may include goods, services, information, currency, or any combination that passes from one … See more
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In economics, a market is a coordinating mechanism that uses prices to convey information among economic entities (such as firms, households and individuals) to regulate production and distribution. In his seminal 1937 article "The Nature of the Firm", Ronald Coase wrote: "An economist thinks of the economic system as being coordinated by the price mechanism....in economic theory we find that the allocation of factors of production between different uses is det…
Wikipedia · Text under CC-BY-SA license- Estimated Reading Time: 9 mins
Market Definition & Meaning - Merriam-Webster
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Weba place or event at which people meet in order to buy and sell things: Fruit and vegetables are much fresher from/at the market than in the supermarket.
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WebSummary. Market structure refers to how different industries are classified and differentiated based on their degree and nature of competition for services and …
What is a Market - Definition and Different types of Markets
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WebOct 19, 2023 · Article. Vocabulary. A market economy is an economic system where two forces, known as supply and demand, direct the production of goods and services. …
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