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What is a market exchange?


Why is there a market exchange?

A market exchange brings buyer and sellers together to negotiate a price for a commodity or stock or product where one is willing to sell and/or buy from the other. This is the basis for the free enterprise system. Under a free enterprise system, creativity and innovation are rewarded for the betterment of mankind
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a mode of exchange which implies both a specific location for transactions and the sort of social relations where bargaining can occur. It usually involves a system of price-making through negotiation.
farahsouth.cgu.edu/dictionary/
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