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How have those markets generated demand?

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Is electricity generated on demand?

no that's imposible


Why did northerner industrialists favor protective tariff's?

To reduce competition from foreign grain producers. Northern America industrialists increase the demand for American. This is for manufactured goods.


Why did adam smith insist that market economy would produce consumer goods more efficiently han a command economy?

To maximize profits. The "invisible hand" is the interaction in markets where those who are able to provide goods or services find agents who demand those those goods or services and are willing to exchange them for something the supplier deems of value. If the demand is met, or there is demand by another agent in the market willing to provide compensation to the supplier that is deemed of more value, the resources in the market look to supply the next need for valued consideration. In a command economy, supply may not be demand driven. This may result in excess capacity devoted to something that does not allow the highest value to be placed on the supplied goods or services. A transactional inefficiency may then be the result of a command economy that is not focused on markets.


Why do markets develop?

Demand is the answer-demand for products brings movers and shakers into play which causes a market to develope.


In competitive markets a surplus or shortage will?

a Decrease in quolity and demand of the other


What is characterized by the unregulated exchange of services and goods.?

A free market is a market where prices are determined by supply and demand. Free markets contrast with controlled markets in which prices, supply or demand id directly controlled.


Is characterized by the unregulated exchange of service and goods?

A free market is a market where prices are determined by supply and demand. Free markets contrast with controlled markets in which prices, supply or demand id directly controlled.


Why do competitive markets move toward equilibrium?

the process by which markets move to equilibrium is so predictable that economists sometimes refer to markets as being governed by the law of supply and demand.


What is a definition of marketing?

My definition would be analyzing needs and wants of particular markets, creating products for those markets, and conveying messages to those markets to influence an exchange.


What affects the wet markets?

flood, supply, demand, drought, war and flu