Market
hideA market is any one of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade, and goods and services are exchanged, forming part of the economy. It is an arrangement that allows buyers and sellers to exchange things. Markets vary in size, range, geographic scale, location, types and variety of human communities, as well as the types of goods and services traded. Some examples include local farmers’ markets held in town squares or parking lots, shopping centers and shopping malls, international currency and commodity markets, legally created markets such as for pollution permits, and illegal markets such as the market for illicit drugs.
In mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services for money is a transaction. Market participants consist of all the buyers and sellers of a good who influence its price. This influence is a major study of economics and has given rise to several theories and models concerning the basic market forces of supply and demand. There are two roles in markets, buyers and sellers. The market facilitates trade and enables the distribution and allocation of resources in a society. Markets allow any tradable item to be evaluated and priced. A market emerges more or less spontaneously or is constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods.
The historical origin of markets is the physical marketplaces which would often develop into small communities, towns and cities.[citation needed]
For more information about Market, read the full article at
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News tagged with market
Failing the sniff test: Researchers find new way to spot fraud
11 hours ago |
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Companies that commit fraud can find innovative ways to fudge the numbers, making it hard to tell something is wrong by just looking at their financial statements. But research from North Carolina State University unveils ...
iPhone disappoints in China launch: analysts
Electronics / Consumer & Gadgets
Nov 08, 2009 |
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The official launch of Apple's iPhone in China has been disappointing at best for mobile operator China Unicom, with the grey market still booming and competitors offering worthy alternatives, experts say.
DirecTV shows subscriber gains, as rivals see loss
Nov 05, 2009 |
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(AP) -- Satellite TV operator DirecTV Group Inc. was one of the few pay-TV companies to attract new subscribers in the third quarter, as it reported revenue growth of 10 percent that was partly offset by higher costs to attract ...
Samsung to pay Qualcomm 1.3 bln dlrs in new licensing deal
Nov 05, 2009 |
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South Korea's Samsung Electronics said Thursday it will pay 1.3 billion dollars plus royalties to US wireless chip supplier Qualcomm under a new 15-year licensing deal.
Google's 3Q lobbying costs eclipse $1 million
Nov 04, 2009 |
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(AP) -- Google Inc.'s quarterly lobbying expenses eclipsed $1 million for the first time during the summer as the company tried to build on its dominance of Internet search and expand into other markets.
Nokia Siemens Networks to lay off up to 5,700
Nov 03, 2009 |
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(AP) -- Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).
Car That Runs on Compressed Air Questioned by Critics (w/ Video)
Nov 03, 2009 |
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(PhysOrg.com) -- As electric cars begin breaking into the short-distance vehicle market, one French company thinks that it has an alternative to the electric vehicle: a car that runs on compressed air. Motor ...
China Unicom eyes one million China 3G subscribers per month
Nov 03, 2009 |
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Mobile operator China Unicom said Tuesday it aimed to boost the number of its 3G mobile phone subscribers in China by one million per month, following its launch of Apple's iPhone there.
iPhone comes to China without key feature
Electronics / Consumer & Gadgets
Oct 30, 2009 |
3.8 / 5 (4) |
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(AP) -- Apple's iPhone is making its long-awaited formal debut in the world's most populous mobile phone market, without a key feature and at higher prices than widely available black market models.
Los Angeles OKs plan to use Google Web services
Oct 27, 2009 |
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(AP) -- The Los Angeles City Council has tentatively approved a multimillion-dollar proposal to tap Google Inc. for government e-mail and other Internet services.
Google eyeing India 3G market: report
Oct 27, 2009 |
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Internet giant Google is considering entering India's third-generation (3G) telecommunications market, a report said Tuesday.
Crowded theaters build momentum for 3-D at home
Oct 25, 2009 |
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(AP) -- Fans scrambled to see 3-D movies such as "Cloudy with a Chance of Meatballs" in theaters this year and new 3-D televisions could soon have home viewers feeling as if they're surrounded by a spaghetti ...
Africa world's fastest growing mobile phone market
Oct 23, 2009 |
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(PhysOrg.com) -- Mobile phone subscriptions in Africa have defied the world economic crisis by growing faster than in any other region of the world since 2003, according to a United Nations report published ...
Google co-founder Brin prefers Yahoo! without Bing
Oct 23, 2009 |
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Google co-founder Sergey Brin has expressed amazement at resistance to the Internet giant's efforts to digitize the world's books and lamented a deal to have Microsoft handle online search at Yahoo!
Irrational exuberance behind recent stock gains, says finance expert
Oct 21, 2009 |
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A second straight week of stronger-than-expected third quarter earnings from a broad cross section of U.S. industries has held the nation's Dow Jones Industrial Average above the psychological benchmark of 10,000 points for ...
