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
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
News tagged with market
2009: the Year of Twitter
Nov 30, 2009 |
1 / 5 (1) |
0
The year has not yet ended but Microsoft says "Twitter" was among the top searches of 2009 on its new search engine Bing and a company which monitors language has crowned it the top word of the year.
Deciding to have a baby is an easier step for public sector workers
Other Sciences / Social Sciences
Nov 30, 2009 |
not rated yet |
0
Working for the public sector is good for fertility, according to new Economic and Social Research Council funded research at the University of Oxford. The study, which examined patterns of employment and childbearing decisions ...
Search results for market
'Outbreaks Near Me' app now available for Android mobile phones
12 hours ago |
5 / 5 (1) |
0
(PhysOrg.com) -- "Outbreaks Near Me," an up-to-the-minute disease-tracking system released as an iPhone application in September, is now available for use on Android mobile phones, greatly increasing the number of people ...
Scientists trace shark fins to their geographic origin for first time using DNA tools
23 hours ago |
4 / 5 (1) |
0
Millions of shark fins are sold at market each year to satisfy the demand for shark fin soup, a Chinese delicacy, but it has been impossible to pinpoint which sharks from which regions are most threatened ...
Availability of vaccine no guarantee public will want it
Nov 30, 2009 |
not rated yet |
0
Just because a vaccine is available doesn't mean people will choose to be inoculated, according to new UofT research published amid widespread public confusion around the merit of H1N1 flu shots.
Australia's Parliament defeats global warming bill
27 minutes ago |
not rated yet |
0
(AP) -- Australia's plans for an emissions trading system to combat global warming were scuttled Wednesday in Parliament, handing a defeat to a government that had hoped to set an example at international climate change ...
Google to let publishers limit free website access (Update)
25 minutes ago |
4.3 / 5 (3) |
2
Google, under fire from Rupert Murdoch and some other newspaper owners, said it will let publishers set a limit on the number of articles people can read for free through its search engine.
Acid test: Study reveals both losers and winners of CO2-induced ocean acidification
Space & Earth / Earth Sciences
13 hours ago |
4.2 / 5 (5) |
5
(PhysOrg.com) -- As the world’s seawater becomes more acidic due to rising atmospheric carbon dioxide, some shelled marine creatures may actually become bigger and stronger, according to a new study.
Media execs make case for online fees at FTC panel
15 hours ago |
1.6 / 5 (5) |
6
(AP) -- Media companies need to deliver compelling information on a variety of electronic devices and overcome readers' resistance to paying for material online, news executives said Tuesday at a government-sponsored ...
Online retailers rev up deals to keep up momentum
Nov 30, 2009 |
not rated yet |
0
(AP) -- Retail Web sites kept amping up the deals Monday, the first day after the Thanksgiving holiday, to try to maintain the long weekend's strong online sales.
Peat fires drive temperatures up
Nov 30, 2009 |
3.4 / 5 (5) |
0
Peatlands, especially those in tropical regions, sequester gigantic amounts of organic carbon. Human activities are now having a considerable impact on these wetlands. For example, drainage projects, in combination with the ...
List of search results for market
