Resource Market. Firms are the buyers households are the sellers in the resource market. Common resources include labor capital land natural resources and entrepreneurship.
Firms are the buyers households are the sellers in the resource market. Nations will review the information gleaned from each resource market to determine the current strength of the economy. A resource market is a place either physical or virtual where materials assets and other elements are exchanged between parties.
The most common markets include those that exchange natural resources labor financial services or capital.
Nations will review the information gleaned from each resource market to determine the current strength of the economy. A review of these markets typically falls under macroeconomics. Firms are the buyers households are the sellers in the resource market. In other words supply and demand interact with each other to trade different kinds of items.
