Traditional Culture Encyclopedia - Traditional customs - What is the traditional market?
What is the traditional market?
The concept of traditional market is: (1) The market is the place where goods are exchanged, that is, the place or area where buyers and sellers trade. This is to examine the market from the spatial form. Market is a geographical concept, which is what people usually call "narrow market". (2) the market refers to the sum of the demand for a commodity or a commodity. (3) The market is a collection of the forces of buyers and sellers, and it is the sum of the interactions between the supply and demand sides of commodities. The above two understandings are put forward from the perspective of supply and demand. (4) Market refers to the sum of exchange relations in the field of commodity circulation, and it is a concept of "generalized market" put forward from the perspective of exchange relations.
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