Close sidebar
Skip to content

Table of Contents

MARKET

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

See also  SIMPLE TABULATION

 

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

EXERCISE

See also  ERASING TECHNIQUES

Give ten examples of commodity market.

SUBSCRIBE BELOW FOR A GIVEAWAY

Building & maintaining an elearning portal is very expensive, that is why you see other elearning websites charge fees. Help to keep this learning portal free by telling mum or dad to donate or support us. Thank you so much. Click here to donate

Leave a Reply

Your email address will not be published.

error: Content is protected !!