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📚 Glossary Term

Market

📖
Definition A system in which buyers and sellers exchange goods, services, or resources.

🧒 In Simple Words

A market is a place or system where people buy and sell things.

📌 Example

A local farmers market is one kind of market.

âœī¸ Use It in a Sentence

"Prices can change in a market when supply changes."

🔗 Related Terms

GoodsServicesScarcity