Market types

Market types

1. Work Marker

   • It is where labor supply and demand meet.

2. Services market

   • It is a way in which the commercialization of a type of goods called services is given.
     • examples
       • educational training, internet connection services or mobile phone service.

3. Consumer products market

   • it is the one where the products are acquired to satisfy the need of a social group, but whose consumption is short-term.

4. Market of use or investment products

   • Products are exchanged that are used to cover a need, but after covering it, the good does not disappear, but remains.

5. Perfectly competitive market

   • has many buyers and sellers trading identical products such that each buyer and seller is a price taker

6. Industrial products marker

   • offers customers different industrial products that help satisfy their needs.

7. Local, nacional regional, internaiconal global market

   • It is one that is in one or more countries abroad carrying out exchanges.

8. Dealer marker

   • constitute the marketing channel for the project's products, they could currently be working with the competition.

9. Financial markets

   • space in which the exchanges of financial instruments are carried out and their preferences are defined.

10. public market

    • they buy the products and services they need and the State suppliers offer to the different tenders responding to the demand of the buyers.

11. set of process transactions or exchange of goods or services between individuals

    • components
      • Ease of entry and exit from the market
      • The greater the resemblance, the lower the bargaining power of each firm.

12. competencies

    • perfect
      • Both sellers and buyers are price takers.
        • types of perfect competition
          • monopoly oligopoly monopsony oligopsony monopolistic
            • example
              • farming
    • imperfect
      • individual sellers have the ability to significantly affect the market price.
        • difference from perfect competition
          • Perfect competition is a hypothetical situation, which does not apply in the real world
          • Imperfect Competition is a situation found in today's world.
    • Importance
      • Virtuous circle in the economy that begins with improvements in production processes.
        • Creates positive impact on macroeconomic variables

Bilder und Dateien der Mindmap