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Why do markets exist?
Markets allow people to buy what they need to consume and sell the specialized goods and services they produce.
3 What are the four key factors that make the industrial markets differ from the consumer markets?
Industrial markets are more complicated and need technical knowledge. They have knowledgeable buyers who analyze the products. Products are sold on request that need quotations and specifications. Information on these markets are difficult and qualitative. However consumer markets are more simple. The buyers are not experts while sellers are powerful. Purchasers need not buy through listed prices. Market information is enormous through database information.
How were economic interests a cause for imperialism?
There was a driving need for new markets and more resources.
Primary markets can not function well without secondary markets?
Primary markets can not function well without secondary markets
2 Compare and contrast competition in traditional markets with that in digital markets?
Compare and contrast competition in traditional markets with that in digital markets?
Why banks have not eliminated the need for the money markets.?
Banks ARE the money markets. They are hardly likely to eliminate themselves.
Why do markets exist?
Markets allow people to buy what they need to consume and sell the specialized goods and services they produce.
Why did the need south foreign markets?
To raise money for the South(:
Why did south need foreign markets?
To raise money for the South(:
3 What are the four key factors that make the industrial markets differ from the consumer markets?
Industrial markets are more complicated and need technical knowledge. They have knowledgeable buyers who analyze the products. Products are sold on request that need quotations and specifications. Information on these markets are difficult and qualitative. However consumer markets are more simple. The buyers are not experts while sellers are powerful. Purchasers need not buy through listed prices. Market information is enormous through database information.
How did the industrial revolution promote imperialism?
It (Industrial Revolution) encouraged imperialism by: It (Industrial Revolution) created a need for raw materials and markets.
What are factor markets and product markets?
Factor markets are markets for inputs into the workforce, such as labor markets, land markets, and capital markets. They represent items that are factors in the growth of business. Product markets are the the outputs produced by markets such as goods and services.
Why were there medieval markets?
Why do we have shops and supermarkets, to buy the things you need and for the sellers to make money.
How were economic interests a cause for imperialism?
There was a driving need for new markets and more resources.
Where did US begin to search for new markets?
In order to answer the question of where did the US begin to search for new markets we would need to know what time period and what industry the question is referencing.
What are the different types markets on the basis of time?
local markets,,regional markets,,national markets,international markets,
Why did the US act as an imperial power in the late 1800s?
a need for new markets for its manufactured goods
