Not logged in : Login

About: [dataTXT] Market (economics)     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : opl:NamedEntity, within Data Space : ods-qa.openlinksw.com:8896 associated with source document(s)

AttributesValues
type
sameAs
label
  • Market
  • markets
seeAlso
preferred label
  • [dataTXT] Market (economics)
described by
abstract
  • A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labor) in exchange for money from buyers. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, source of goods for sale (local produce or stock registration), and the threat of military or police force if these rules are broken.
Subject
  • Basic financial concepts
  • Economics terminology
  • Anthropology
  • Financial markets
  • Markets (customer bases)
hasRelevanceScore
opl:providedBy
is has related of
Faceted Search & Find service v1.17_git55 as of Mar 01 2021


Alternative Linked Data Documents: ODE     Content Formats:       RDF       ODATA       Microdata      About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 08.03.3322 as of Mar 14 2022, on Linux (x86_64-generic-linux-glibc25), Single-Server Edition (7 GB total memory)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software