The main components necessary for a market to occur are:
A buyer: there should be an individual that is willing to buy the goods and services offered by the seller.
A seller: there should be an individual who has the goods or services that a buyer wants to purchase.
Goods or services: these are the items that are to be exchanged between the buyer and seller.
A market I recently participated in was the farmer's market. I needed to take part in the market because I needed food for sustenance. This market is different from other markets because there are many sellers of identical goods and the goods have the same price.
A market is where a buyer and seller can come together to exchange goods or services. Markets can either be online or physical markets.
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