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flint
flint Asked:

What makes markets

what makes markets???

im an 8th grade student and im doing a take home test on financial literacy... please help!!!!

 

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OronD
OronD Answered:

A market is created when there are customers (those) who are willing to buy), producers (those who are willing to sell) and there is the product.  The market can be a physical place or a virtual place (e.g: internet).  A product can be a physical product (e.g: shoe) or a a service / idea (etc).  If you need more information, please let me know. 

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Anonymous
Anonymous Answer:

with reference to the financial markets, a MARKET MAKER is a firm who is willing to transact business in certain securities. They will post a  price where they are willing to buy it, their bid, or sell it, their offer. Those prices can be based on their own position in a security or for a customers order.

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