explain how the different markets help entrepreneurship
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A market is defined as the sum total of all the buyers and sellers in the area or region under consideration. The area may be the earth, or countries, regions, states, or cities. The value, cost and price of items traded are as per forces of supply and demand in a market.
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Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research tounderstand their target market, identifyconsumer problems and pinpoint realistic competitors.
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