Financial market
A financial market is a mechanism that allows people to easily buy and sell financial securities , commodities, and other fungible items of value at low transaction costs and at prices that reflect the efficient market hypothesis, and money market mutual funds. Financial markets have evolved significantly over several hundred years and are undergoing constant innovation to improve liquidity.
Both general markets and specialized markets exist. An economy which relies primarily on interactions between buyers and sellers to allocate resources is known as a market economy in contrast either to a command economy or to a non-market economy that is based, such as a gift economy.
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