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What is market in economics
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Asked 4/25/2012 5:02:53 AM
Updated 10/24/2016 2:14:30 PM
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User: What is market in economics

Weegy: Economic means different things to different people. On a broad scale, anything a community does to foster and create a healthy economy can mean economic. Economic sometimes means which is low cost.
piash|Points 1841|

Question
Asked 4/25/2012 5:02:53 AM
Updated 10/24/2016 2:14:30 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [10/24/2016 2:14:30 PM]
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A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange.
Added 10/24/2016 2:14:29 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [10/24/2016 11:16:15 PM]
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distinguish between economic activities and an economis system
Weegy: Economic activities are the production and distribution of goods and services at all levels. An economic system is comprised of the various processes of organizing and motivating labor, producing, distributing, [ [ and circulating of the fruits of human labor, including products and services, consumer goods, machines, tools, and other technology used as inputs to future production, and the infrastructure within and through which production, distribution, and circulation occurs. These processes are overdetermined by the political, cultural, and environmental conditions within which they come to exist. ] ] (More)
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Money is primarily a medium of exchange or means of exchange.

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What is demand?
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Updated 9/6/2015 3:40:24 AM
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