Search results
Results From The WOW.Com Content Network
The geographic boundaries of a market may vary considerably, for example the food market in a single building, the real estate market in a local city, the consumer market in an entire country, or the economy of an international trade bloc where the same rules apply throughout.
The term market comes from the Latin mercatus ("market place"). The earliest recorded use of the term market in English is in the Anglo-Saxon Chronicle of 963, a work that was created during the reign of Alfred the Great (r. 871–899) and subsequently distributed, copied throughout English monasteries.
Market is a term used to describe concepts such as: Market (economics), system in which parties engage in transactions according to supply and demand; Market economy; Marketplace, a physical marketplace or public market; Marketing, the act of satisfying and retaining customers; Market(s) or The Market(s) may also refer to:
An American 'Buy Fresh, Buy Local' exhibitor. Local purchasing is a preference to buy locally produced goods and services rather than those produced farther away. It is very often abbreviated as a positive goal, "buy local" or "buy locally', that parallels the phrase "think globally, act locally", common in green politics.
While the term "glocalization" is one that developed later in the 20th century, the idea behind it is closely related to the economic and marketing term known as micromarketing – by definition, the "tailoring and advertising of goods and services on a global or near-global basis to increasingly differentiated local and particular markets."
A market economy is an economic system in which the decisions regarding investment, production, and distribution to the consumers are guided by the price signals ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
State definitions of "local" can be included in laws, statutes, regulations, or program materials, however few state laws explicitly define "local" food. Most states use "local" (or similar words like "native") in food procurement and marketing policies to mean that the food was produced within that state. [8]