A market where goods are traded, that is, a place where buying and selling takes place. Organized markets are broadly divided into unorganized and organized markets, the former being further divided into commodity exchanges and wholesale markets, and the latter into various other categories such as regional and industry-specific markets. Among organized markets, commodity exchanges are particularly modernized, and they play the following roles: (1) determining fair prices, (2) adjusting supply and demand, (3) acting as an insurance bridge, (4) equalizing prices, and (5) ensuring the safety of transactions. Source: Encyclopaedia Britannica Concise Encyclopedia About Encyclopaedia Britannica Concise Encyclopedia Information |
商品が流通する市場,つまり売買取引が行われる「場」のこと。組織市場と非組織市場に大別され,前者はさらに商品取引所と卸売市場とに,後者はさらに地域別市場,業種別市場などさまざまに分類される。組織市場のうちでも特に近代化されているのが商品取引所であり,(1) 公正な価格の形成,(2) 需給の調節,(3) 保険つなぎ,(4) 価格の平準化,(5) 取引の安全性確保などの役割をになう。
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