Question

How the market can be classified?

Answer 1

On the basis of different approaches markets can be classified as follows:
1. On the basis of Geographical Area:

• Family Market
• Local Market
• National Market
• International Market or World Market

2. On the Basis of Commodities / Goods:
(a) Commodity Market

• Produce Exchange Market
• Manufactured G
• Bullion Market

(b) Capital Market:

• Money Market
• Foreign Exchange Market
• The Stock Market

3. On the Basis of Economics:

• Perfect Market
• Imperfect Market

4. On the basis of transaction:

• Spot Market
• Future market

5. On the Basis of Regulation:

• Regulated Market
•  Unregulated Market

6. On the Basis of Time:

• Very Short Period Market
• Short Period Market
• Long Period Market

7. On the Basis of Volume of Business:

• Wholesale Market
• Retail Market

8. On the Basis of Importance:

• Primary Market
• Secondary Market
• Terminal Market