Please use this identifier to cite or link to this item: http://essuir.sumdu.edu.ua/handle/123456789/64929
Title: The market and its functions
Authors: Shkola, Viktoriia Yuriivna
Pridukha, I.
Keywords: market economy
ринкова економіка
рыночная экономика
market
ринок
рынок
Issue Year: 2017
Publisher: Sumy State University
Citation: Shkola, V. The market and its functions [Текст] / V. Shkola, I. Pridukha // Економічні проблеми сталого розвитку: матеріали Всеукраїнської науково-технічної конференції студентів, аспірантів і молодих, присвяченої 80-річчю від дня народження професора Олега Балацького, м. Суми, 21-25 квітня 2017 р. / за заг. ред.: Т.А. Васильєвої, Г.О. Швіндіної. – Суми: СумДУ, 2017. – С. 369-370.
Abstract: The modern market economy is a complex organism consisting of a large number of diverse industrial, commercial, financial and information structures, interacting on the background of an extensive system of law business, and united only concept – market. By definition, the market – a set of economic relations emerging between producers and consumers in the free exchange of equivalent produced goods (services) organized under the laws of commodity production and circulation of money. Important conditions of the emergence and successful operation of the market are social division of labor and specialization; economic isolation of market economy allowing private property; free exchange of resources; the magnitude of transaction costs.
URI: http://essuir.sumdu.edu.ua/handle/123456789/64929
Type: Theses
Appears in Collections:Наукові видання (ННІ ФЕМ)

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