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social science subjects > economics > economic concepts > market (economics) > global market
social science subjects > politics and international relations > governance > market (economics) > global market
... > social science subjects > business and management > management settings > business management > governance > market (economics) > global market

Preferred term

global market  

Definition

  • A market is an institution that allows participants to exchange goods and services, in the process setting standard prices of exchange. Historically, market-places were situated in a physical location limiting involvement to participants who could physically be in that location at a given time. [Source: Encyclopedia of Governance; Global Market]

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https://concepts.sagepub.com/social-science/concept/global_market

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