Market types

Market types

1. According to types of customers

   • Consumer Government Producer or industrial reseller

2. According to geographical points of view

   • International market. National market. Regional market. Wholesale trade. exchange market. Metropolitan market. Local market.

3. According on the type of resource

   • Raw material market. Labor force market. Money market.

4. According on the type of market

   • Market of products or goods. Of services. Of ideas. Of places.

5. According to type of client

   • Consumer market. Producer or industrial market. Reseller market. Government market.

6. According to the established competence

   • Perfectly competitive market. monopoly market. Imperfect competition market. Monopsony market.

7. The producers compete with each other, and they must seek that their product sells more than that of the others, in this way they incorporate and make changes in technology, which allow them to produce better products at a lower cost.