A Few Words about the Market

Sinisa Franjic


The market is a place where supply and demand meet. Buying and selling can be done without the presence of goods (on stock exchanges and other markets), and even without direct contact between buyers and sellers. Buying and selling can be done according to the catalog, by phone, fax, internet, etc. Therefore, the market is defined as a constant and organized form of bringing supply into contact with the demand for goods and services. At the same time, the market is a mechanism that regulates the relations between sellers and buyers in the conditions in which the participants in the exchange or sale achieve their goals and interests due to which they enter into mutual relations.

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DOI: https://doi.org/10.22158/ape.v6n2p98


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