Social Sciences, asked by ritika678085, 1 month ago

definition of market for class 7th​

Answers

Answered by Nikhil0204
0

ANSWER :-

A market is a composition of systems, institutions, procedures, social relations or 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 to buyers in exchange for money.

In simple words,

A market is defined as the sum total of all the buyers and sellers in the area or region under consideration.

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Answered by Studyhelper10084
0

Explanation:

Market is a place, in which people's buy it's important things. That his/her need. There are many things in market like stationery, books, vegetables, toys, clothes, food etc.

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