2. A MARKET
By definition, a market is an organized structure where producers and
consumers, sellers and buyers “meet", where, as a result of the interaction
of consumer demand (demand is the quantity of goods that consumers can
buy at a certain price) and producer supply (supply is the quantity of
goods that manufacturers sell at a certain price), both the prices of goods
and sales volumes are set.
3. TYPES OF MARKETS
• Agricultural and industrial goods market
• Service market
• Residential Area Market
• The market of means of production
• Investment market
• Money, currency, securities market
• Labor market (labor)
4. AGRICULTURAL AND INDUSTRIAL
GOODS MARKET
• This market deals with industrial and agricultural goods. It can be
imagined as a way of distributing these goods. In accordance with the
market understanding of effective distribution, the purpose of such a
market is to distribute industrial and agricultural goods in accordance
with the financial capabilities of consumers.
5. SERVICE MARKET
• The market of services is designed to cover household, communal, transport,
cultural, educational, healthcare, intermediary, information and many other types
of activities for the provision of services to the population. As an independent part
of the services market are production services, i.e. types of activities for the
provision of services in production. In a purely market economy, there should be
no subsidies from the state, but in practice it is impossible to do without them -
both for political, social, and moral reasons. Especially when it comes to
education.
6. RESIDENTIAL AREA MARKET
• In market conditions, it should be understood that the living area is a typical
object of market relations and is subject to purchase and sale at market prices
on a par with other goods. The right to build and sell housing should belong on
an equal basis to state, collective, cooperative organizations and citizens.
Housing is the same property as other types of property.
7. THE MARKET OF MEANS OF PRODUCTION
It extends its effect to all material and technical objects
directly involved in public production, used in the process of
manufacturing products, performing works, and performing
services. This market, which is huge in terms of the scale of
objects and their value, consists of two interacting parts. First,
in the market the means of production are tools of labor in the
form of industrial buildings and structures, structures,
machines, equipment, instruments, equipment. Secondly, this
market is represented by objects of labor in the form of raw
materials, materials, energy, semi-finished products, from
which or with the use of which an intermediate or final product
of production is produced by means of labor tools.
8. INVESTMENT MARKET
The investment market in its content is a market of capital invested in
production, or rather, in business. As soon as capital arises, its owner,
the carrier, becomes a capitalist. In a market economy, banking,
commercial capital, collective capital invested in any business at the
request of the owners, and family, personal, private capital directed to
where it promises to bring a significant profit, legally functions on a
par with the state one.
9. MONEY, CURRENCY, SECURITIES MARKET
The currency market, which means not only national, but also foreign
currency, means an even greater opportunity to buy, sell, exchange at a
certain exchange rate (world, state, floating, free) money of one
country for money of another. Naturally, the activity of the foreign
exchange market and its range of action largely depend on the
convertibility of the currency.
10. LABOR MARKET
The basis of labor relations in a labor market is a free,
voluntarily concluded contract between an employee and
his employer on the basis of a mutual agreement and in
accordance with applicable labor legislation. The employer
has the right, after the end of the contract or in the event of
its violation by the employee, to make a decision on the
continuation or termination of the employment
relationship. From the social, moral and ethical, this has an
unhealthy beginning, but from an economic standpoint, it
is expedient.
