Panna Market

Market is like the nervous system of modern economic life. Producers and consumers carry out their transactions of sale and purchase through the medium of market. In the layman's language, market refers to a place where goods are purchased and sold. But, in economics, the term 'market' has a wider meaning. In economics, market has no reference to a specific place. It is not necessary for buyers and sellers to assemble at a particular place for sale or purchase of goods. The only condition is that they should be in contact with each other through any means of communication, like internet, telephones, letters, etc.

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