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- A market can be defined as1234:
- A place where two or more parties engage in economic transactions.
- A system or structure where buyers and sellers interact to exchange goods, services, or resources.
- An arrangement where goods or services are exchanged for money.
- The fundamental means by which scarce resources are allocated a price.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A market is any place where two or more parties can meet to engage in an economic transaction—even those that don't involve legal tender. A market transaction may include goods, services, information, currency, or any combination that passes from one party to another.www.investopedia.com/terms/m/market.aspmarket, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions. Markets in the most literal and immediate sense are places in which things are bought and sold.www.britannica.com/money/marketMarket A market can be defined as a system or structure where buyers and sellers interact to exchange goods, services, or resources. It is a dynamic environment where the forces of supply and demand determine prices and quantities of goods or services being traded.howtodefine.com/marketMarket – definition A market is an arrangement between buyers and sellers to exchange goods or services for money. Markets are the fundamental means by which scarce resources are allocated a price, and are essential to the operation of the price mechanism.www.economicsonline.co.uk/definitions/market.html/ - People also ask
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