How do we participate in market as a prouducer and consumer?

1.	How do we participate in market as a prouducer and consumer?
Answer» We participate in the market as producers and consumer. This can be examplified in following manner(i) As a producer of goods and services we could be working in different sector of economy like agriculture, industry or services.(ii) As a consumer we participate in the market when we purchase goods and services that we need.(iii) For example, if we cultivate crops or manufacture cars or run a school we act as producer but when we purchase food grain from market, or buy car or went to a doctor as patient then we act as consumer.

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