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What's the best definition of "market" for new students
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What's the best definition of "market" you know of for new students with no background in economics?

I'm just reviewing some training material and the existing definition is way too abstract and long-winded: "one of the many varieties of systems, institutions, procedures, social relations ... [oh dear my eyes have not so much glazed over as built a brick wall and are now planting a bamboo hedge]".

(Hope no one here wrote that definition).

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1 year ago