Thursday, February 10, 2011

definition of market

in daily conversation, the market is always connected with the buildings in which gather a lot of sellers and buyers to trade in various goods. example : Klewer market in solo,gresik market in gresik, etc.based on relations, the market in the market mean is defined as a meeting place for sellers and buyers to trade in goods. market understanding in daily conversations is in a concrete sense Paar.



according to economics, the market is more in connecting with the activity, not a place. because, a meeting place for sellers and buyers could be anywhere. they could meet at the store, inside the bus, on the roadside, etc.. means that distinguishes the market with a non-market Activities which undertaken  by sellers and buyers in the market are buy-sell transaction. understanding of market economics by showing that the market is not bound by place and time. market in the form anywhere and everywhere. even, sale and purchase transactions can also be through correspondence, telephone, or internet. understanding of the market according to an understanding of market economics in the abstract. that the market would be formed if there is a seller,, buyers, and goods in by people. goods in a market not only by people in the form of consumption goods, but also the production of goods, such as raw materials, agricultural equipment, etc.. in accordance with the development of human civilization, which traded goods are not always in place of the transaction., but also in place.



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