Moustafa Elshazly

MBA
Assignment
Structure of flow in modern exchange economy

Market
The basic market idea was such a place where buyers and sellers meet

their for-business purposes (buy – sell – general trades)

Economists describe a market as a collection of buyers and sellers who

transact over a particular product or product class (such as the housing

market or the grain market).

Structure of flow in modern

exchange economy
The structure of flow in a modern

exchange economy can be broken down

into several key components. These

components include Resource markets,

manufacturer markets, consumer markets,

intermediary markets, and the government

markets.

Resource markets sell to the manufacturer markets the resources which needed in
manufacturer process ( raw material , labors , machines ), then manufacturer
markets make the combination and turns them into ( goods – services ) and sell to
the intermediary markets, which by their turn sell to consumers.

Consumers sell their labor to get the money which they need to pay for the
goods\services, here come the government role to collect the taxes and also the may
buy goods\services from all the markets while providing public services.