Market according to Area

Market according to Area:

Based on the degree of the market for any product, markets can be categorized into local, regional, national & international markets.

Local Market:

A local market for a product exists whenever sellers and buyers of commodity carry on business in a specific locality or village or region where the demand and supply circumstances are influenced by local conditions only. Example, Perishable goods such as milk and vegetables and bulky articles such as bricks and stones.

National Market:

Whenever commodities are demanded and supplied all through the country, there is national market example, wheat, rice, cottonand so on.

Regional Market:

Commodities which are demanded and supplied over an area contain regional market.

Global Market:

Whenever demand and supply situation are influenced at worldwide level, we encompass international market. Example: gold, cell phone, silver, and so on.

On the basis of demand and supply, such geographical classification is prepared. With enhanced transport facilities and communications, even goods of local markets can be international goods.

 

Latest technology based Economics Online Tutoring Assistance

Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Business Economics help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Business Economics, project ideas and tutorials. We provide email based Business Economics help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Business Economics. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Business Economics. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.