Question

define the market system answer on the basis of class 7th civics ​

Answer 1

Answer:

A market system is any systematic process enabling many market players to bid and ask: helping bidders and sellers interact and make deals.

A market system is the network of buyers, sellers and other actors that come together to trade in a given product or service. The participants in a market system include: Direct market players such as producers, buyers, and consumers who drive economic activity in the market.

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Explanation:

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