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- A market is a place where people go to buy or sell things.
- When people have products to sell, they set up a marketplace.
- The market establishes the prices for goods and other services.
- These rates are determined by supply and demand.
- The sellers create supply, while buyers generate demand.
- Markets try to find some balance in price when supply and demand are in balance.
- It is a place where buyers and sellers come together to exchange goods and services.
- We go to markets to buy things we need in our daily life.
- A weekly market is held on a specific day of the week at different locations.
- A permanent market is settled in one place where shops open daily.
