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In: Business and Management

Submitted By atherzeed22222
Words 1444
Pages 6
What is the Market

INTRODUCTION:
We will talk about the market in general way, so we will define the meaning of the market and its structure. The term market refers to the group of consumers or organizations that is interested in the product, has the resources to purchase the product, and is permitted by law and other regulations to acquire the product. The market definition begins with the total population and progressively narrows. So now we will describe the following terms: 1. Market definition. 2. Structure of the market. 3. Perfect competition 4. Imperfect competition.

MARKET DEFINITION: When we go to define the term o market we can say that it is the convergence of views between the seller and buyer, and divided the market into three big markets: the commercial market, market default and markets in the world economy, which is itself subdivided into markets other, and in terms of destination and economic concept, I mean any groups of people bound together by nothing specific commodity and any place characterized by the swap on a commercial scale. The market divides into different categories according to the purposes for which they performed , in terms of continuity may be permanent as a market securities, or temporary as markets villages and exhibitions , and in terms of breadth may be local as markets cities, or universal as a market of sugar, and in terms of the types of goods traded divided markets divisions of various for each commodity or group of commodities market , and the real estate markets , and foreign exchange markets , and markets for agricultural crops such as wheat , rice , and markets industrial products such as solid , and other machinery . In terms of the purpose of the use of commodity to market goods production and the consumer goods, and in terms of the quantities traded in the market to the…...

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