What is a market? (2024)

Answer:

A market is described as the total sum of all the purchasers and sellers in the area or region being considered. The area may be the earth, country, region, state, or city. The worth, expense and cost of traded items are according to the supply & demand forces of a market. The market can be, or virtual, a physical entity. Perfect and incomplete can be domestic or international.

Types of market

There are two primary forms of market, namely economic markets & physical markets.

  1. Economic market

A few of the popular forms of markets included in these areas such as medical and Financial Market, Stock Market, Foreign exchange Market, Real Estate Marketing, Niche Market, agriculture Marketing, Energy Market, and so on.

  1. Physical markets

It may include Bazaar, Grocery Market, Fish Market, Market Area, Supermarket, Street Market, Farmer’s Market, Public Market and so on.

What is a market? (1)


What is a market? (2024)
Top Articles
Latest Posts
Article information

Author: Lakeisha Bayer VM

Last Updated:

Views: 6003

Rating: 4.9 / 5 (69 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Lakeisha Bayer VM

Birthday: 1997-10-17

Address: Suite 835 34136 Adrian Mountains, Floydton, UT 81036

Phone: +3571527672278

Job: Manufacturing Agent

Hobby: Skimboarding, Photography, Roller skating, Knife making, Paintball, Embroidery, Gunsmithing

Introduction: My name is Lakeisha Bayer VM, I am a brainy, kind, enchanting, healthy, lovely, clean, witty person who loves writing and wants to share my knowledge and understanding with you.