Question: What is the difference between a market system and a market? How Can you have a market without a market system? Why or why not?

What is the difference between a market system and a market? How Can you have a market without a market system? Why or why not? How about the other way around? Can you have a market system without a market? Why or why not?

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1 Difference between a market system and a market A market refers to a physical or virtual space where buyers and sellers come together to exchange goods services or resources It is a broad concept th... View full answer

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