Answer:
See AlsoLearn How To Define Your Market The Right WayClass 7 Political Science (Civics) Chapter 7 Notes - Markets Around Us...Class 7 Civics Chapter 7 Markets Around Us Extra Questions with AnswersA market is described as the total sum of all the purchasers and sellers in the area or region being considered. The area may be the earth, country, region, state, or city. The worth, expense and cost of traded items are according to the supply & demand forces of a market. The market can be, or virtual, a physical entity. Perfect and incomplete can be domestic or international.
Types of market
There are two primary forms of market, namely economic markets & physical markets.
- Economic market
A few of the popular forms of markets included in these areas such as medical and Financial Market, Stock Market, Foreign exchange Market, Real Estate Marketing, Niche Market, agriculture Marketing, Energy Market, and so on.
- Physical markets
It may include Bazaar, Grocery Market, Fish Market, Market Area, Supermarket, Street Market, Farmer’s Market, Public Market and so on.
Answer:
A market is described as the total sum of all the purchasers and sellers in the area or region being considered. The area may be the earth, country, region, state, or city. The worth, expense and cost of traded items are according to the supply & demand forces of a market. The market can be, or virtual, a physical entity. Perfect and incomplete can be domestic or international.
Types of market
There are two primary forms of market, namely economic markets & physical markets.
- Economic market
A few of the popular forms of markets included in these areas such as medical and Financial Market, Stock Market, Foreign exchange Market, Real Estate Marketing, Niche Market, agriculture Marketing, Energy Market, and so on.
- Physical markets
It may include Bazaar, Grocery Market, Fish Market, Market Area, Supermarket, Street Market, Farmer’s Market, Public Market and so on.