Markets

A market is essentially a place to trade. Markets can also be more distributed across a geographic area. A marketplace would be hub or node for that activity.

Markets are often specific to a particular goods or service. For example:

The coffee market may include the economics of coffee being bought, produce, modified and sold and may involve a range of different companies.

A market can be viewed as type of economic institution

800px-La_Boqueria

A fruit marketplace in Barcelona. image: wikipedia


© R. Conan-Davies 2000 - 2013 | About | Privacy | site map | contact