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  • The Market System-Pbe

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    Jona Bartz
    10 views15 pages
    A market system consists of consumers who create demand for products and businesses that sell and create products. It is a network of buyers, sellers, and other actors that come together to trade in a given product or service. Consumers create demand while businesses are the sellers and creators that supply products and services to meet that demand within the market system.

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    THE MARKET SYSTEM-PBE

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    A market system consists of consumers who create demand for products and businesses that sell and create products. It is a network of buyers, sellers, and other actors that come together to trade in a given product or service. Consumers create demand while businesses are the sellers and creators that supply products and services to meet that demand within the market system.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    10 views15 pages

    The Market System-Pbe

    Uploaded by

    Jona Bartz
    A market system consists of consumers who create demand for products and businesses that sell and create products. It is a network of buyers, sellers, and other actors that come together to trade in a given product or service. Consumers create demand while businesses are the sellers and creators that supply products and services to meet that demand within the market system.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 15

    Jonalyn G.

    Bartolome
    Market System
    • A market system is the network of buyers, sellers
    and other actors that come together to trade in a
    given product or service.

    It is consists of:
    - Consumers (people that buy a product)
    create a demand for a product
    - Businesses (sellers and creators of products)

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