A
place where people exchange goods and sevices isa called a market.
An actual or place where forces of demand
and supply operate, and where buyers and sellers interact to
trade goods, services, or contracts or instruments, for money or barter. Markets
include mechanisms or means for, determining price of the traded item, communicating
the price information, facilitating deals and transactions, and
distribution. The market for a particular item is made up of existing and
potential customers who need it and have
the ability and willingness to pay for it.
