Skip to content
Business Studies


This is a place where buyer and seller meet together to transact business. Has a place where there is transfer of ownership of goods and services.

Examples :   Idumota market, Katangowa market etc

Market can also take place through communication between the seller and buyer without physical contact e.g. GSM, Internet, Jumia, OLX etc


Types of Market

  1. Commodity market
  2. Capital market
  3. Money market
  4. Commodity Market – open market, market stall, mobile shop etc
  5. Capital Market – institutes that trade in capital market are :

– Stock Exchange market

– Merchant banks

– Insurance companies

  1. Money Markets –
  2. Pension funds manager
  3. Commercial banks
  4. Brokerage firms
  5. Cooperative societies


Give ten examples of commodity market.

Search For Lessons, Past Questions and Scholarships Below

We built School Portal NG to specially serve as an alternative means to provide free education for the less-privileged children or children born to low-income earners, adults who otherwise cannot afford to finance their way through school.

  Building & maintaining an elearning portal is very expensive, but this portal is free. Help to keep this learning portal free by donating or supporting us. We accept donations, grants, sponsorships & support to help reach out to more children. Thank you so much. Click here to donate

Leave a Reply

Your email address will not be published. Required fields are marked *

School Portal NG