The Forever Changing Economy

Essay specific features

 

Issue:

Business

 

Written by:

James N

 

Date added:

October 13, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1719

 

Was viewed:

8434 times

 

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Essay content:

(Make note of the fact that we live in a market economy. Just about every definition of the "market" in the dictionary connotes an oppurtunity as a place where goods are bought and sold.(cite dict.) As an abstraction, a market is the possibility of sale. Goods "find a market", and we say there is is a market for a service or commodity when there is a demand for it, which means it can and will be sold...
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Goods "find a market", and we say there is is a market for a service or commodity when there is a demand for it, which means it can and will be sold. Markets are opened to those who want to sell and a convenience for those looking to purchase.(cite 2) The market represents "conditions as regards, opportunity for, buying and selling"...
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