Concept information
Preferred term
market forces
Definition
- The uninterrupted operation of supply and demand to determine market outcomes. Ideally, the freedom to buy and sell is supposed to determine market prices and desired output or efficient allocation of scarce resources. [Source: The SAGE Glossary of the Social and Behavioral Sciences; Market Forces]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/market_forces
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}