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
Sony optimistic on 3-D TVs, in-house display
Nov 26, 2009 |
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(AP) -- A third to a half of the Sony Corp. TV sets sold annually will be packed with 3-D features by the year ending March 2013, a senior executive said Thursday.
Biology, training and profit sharing make best traders
Nov 25, 2009 |
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(PhysOrg.com) -- Cambridge researchers have identified a group of traders consistently able to outperform the market, even during the credit crisis.
Google, Yahoo zero in on Internet 'freedom' bill
Nov 24, 2009 |
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Google Inc. and other Internet companies have zeroed in on a resilient effort by a Republican lawmaker to pass legislation that could restrict their ability to take a nuanced approach to operating in "repressive" foreign ...
iPhone's debut in S.Korea means paradigm shift: experts
Nov 28, 2009 |
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Apple's top selling iPhone made its debut in South Korea Saturday with experts saying the iconic smartphone is likely to serve as a wake-up call for an IT industry basking in an isolated market.
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GPS cell phone apps challenge standalone devices
Electronics / Consumer & Gadgets
20 hours ago |
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(AP) -- The growth of cell phones with global-positioning technology is making life uncertain for the makers of personal navigational devices that help drivers figure out where they are and where to go.
What a grind: Bruxism at night likely a sign of stress by day
Nov 27, 2009 |
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You can practically track Steve Barkley's stress by the level of activity in his temporomandibular joint, or TMJ, the hinge joint that connects the lower jaw to the temporal bone of the skull and helps one chew, talk and ...
A costly diagnosis: Alzheimer's disease takes toll on memories, and money too
Nov 27, 2009 |
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Alzheimer's disease takes a devastating emotional toll on families but it also is one of the most expensive conditions to treat because of its progressive nature, requiring increasing assistance with eating, bathing and other ...
Gift Guide: Accessories to jazz up mobile phones
Electronics / Consumer & Gadgets
Nov 27, 2009 |
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People you know have spent small fortunes on shiny new smart phones such as the iPhone 3GS, a BlackBerry or the Droid. But the devices still don't have all the features they want.
Apple's iPhone set to make splash in South Korea
Nov 27, 2009 |
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(AP) -- The iPhone's arrival in South Korea is generating considerable buzz among consumers and industry watchers amid expectations it will shake up a market dominated by world-beating domestic manufacturers.
Gadgets: Card reader helps you shop safer online
Electronics / Consumer & Gadgets
Nov 26, 2009 |
1 / 5 (1) |
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NetSecure Technologies SmartSwipe credit card reader is a new device to help Internet shoppers or small business owners.
Web sites aim to survive with hyperlocal focus
Nov 25, 2009 |
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Finding a financially viable way to provide local news is a challenge large metropolitan newspapers are confronting. But a Coral Gables, Fla., Web site is among a few locally with faith it can succeed.
Suggestions for tech-happy holidays
Electronics / Consumer & Gadgets
Nov 25, 2009 |
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The holiday season is as much a time for tech as for toys. Electronic gadgets are at the top of many wish lists and account for an ever-growing share of holiday shopping budgets. Fortunately for shoppers, tech gifts don't ...
Engineers, doctors develop novel material that could help fight arterial disease
Nov 25, 2009 |
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A fortuitous discovery that grew out of a collaboration between UCLA engineers and physicians could potentially offer hope to the nearly 10 million Americans who suffer from peripheral arterial disease.
Beer Here
Nov 25, 2009 |
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(PhysOrg.com) -- Drinking beer is a simple act, but making beer is not. It starts out with genetics and tens of thousands of barley varieties and ends with a clear ambrosia that belies the time, effort and technology that ...
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