Question

Name the ways the people bought and sold the goods?​

Answer 1

Answer:

A market is defined as a place (however it need not be a physical place, as now-days various transactions are carried out over the internet, even this is referred to as a 'market') where buyers and sellers meet to buy and sell respectively (ie exchange goods) at a predetermined equilibrium price. The market will clear at the price point where what people want to buy and what people are willing to sell is equal.