How the market can be classified?

1.	How the market can be classified?
Answer» On the basis of different approaches markets can be classified as follows: I. On the basis of Geographical Area: (a) Family Market (b) Local Market (c) National Market (d) International Market or World Market II. On the Basis of Commodities / Goods: (a) Commodity Market 1. Produce Exchange Market 2. Manufactured Goods Market 3. Bullion Market (b) Capital Market: 1. Money Market 2. Foreign Exchange Market 3. The Stock Market III. On the Basis of Economics: (a) Perfect Market (b) Imperfect Market IV. On the basis of transaction: (a) Spot Market (b) Future market V. On the Basis of Regulation: (a) Regulated Market (b) Unregulated Market VI. On the Basis of Time: (a) Very Short Period Market (b) Short Period Market (c) Long Period Market VII. On the Basis of Volume of Business: (a) Wholesale Market (b) Retail Market VIII. On the Basis of Importance: (a) Primary Market (b) Secondary Market (c) Terminal Market

Answer»

On the basis of different approaches markets can be classified as follows:

I. On the basis of Geographical Area:

(a) Family Market

(b) Local Market

(d) International Market or World Market

II. On the Basis of Commodities / Goods:

(a) Commodity Market

1. Produce Exchange Market

2. Manufactured Goods Market

3. Bullion Market

(b) Capital Market:

1. Money Market

2. Foreign Exchange Market

3. The Stock Market

III. On the Basis of Economics:

(a) Perfect Market

(b) Imperfect Market

IV. On the basis of transaction:

(a) Spot Market

(b) Future market

V. On the Basis of Regulation:

(a) Regulated Market

(b) Unregulated Market

VI. On the Basis of Time:

(a) Very Short Period Market

(b) Short Period Market

VII. On the Basis of Volume of Business:

(a) Wholesale Market

(b) Retail Market

VIII. On the Basis of Importance:

(a) Primary Market

(b) Secondary Market

Discussion