The consumer market is becoming an integral part of our lives, because to live and thrive, man today needs not only a number of essential goods and products, but also their choice.The functions of the labor market aimed at improving service quality and increasing the living standards of consumers.To market to function properly, three conditions must be met: the existence of private property, competition and free prices.
main functions of the market:
1. Control.Regulator of production here is the market through supply and demand.Thus, it sets the desired proportions in the economy.
2. Stimulating.It stimulates the market introduction of the enterprise of science and technology, expansion of product range and reducing the cost of production.
- Information.It provides objective information about the quality, quantity and range of goods and services available in the market.
- intermediary.The customer is given the right to choose the best supplier of products.
- sanitize.In a market survive only the strong viable economic units.
- Social.Market participants are graded according to income.
structure, types and functions of the market:
1. Types of markets:
- market goods and services
- labor market
- capital market
- market information
- financial market
2. MechanismsMarket:
- market of free competition
- regulated market
- monopolized market
3. The degree of saturation of the market:
- scarce
- equilibrium
- excess
5. Legal Framework:
- legal market
- "black" market
securities market can be regarded as an independent sector of the financial market, he is the source of capital in the market economy.The functions of the securities market are divided into two groups: general and specific market functions, which greatly distinguish it from other markets.
Common Market functions:
- Commercial.Responsible for profit from operations in this market.
- Price.Responsible for the constant movement of prices, which provides market.
- Information.Adjusted to all participants information about the objects of trade.
- regulated.Creates trade rules, dispute resolution, sets the priorities.
specific features of the market:
1. redistributive.
Responsible for:
- transfers between areas and sectors of activity.
- translating savings into productive consumer form.
- financing of the budget, without putting into circulation new money.
2. The function of insurance and financial price risks.
market economy - a system based on freedom of choice, private property and competition.First, it ensures freedom of the consumer, as it provides freedom of choice in the market of food and other goods and services.The main driving force of the market economy and the main motive of self-interest in favor, only for buyers it is a maximum value, and for manufacturers - the maximum profit.The basis of healthy competition is a complete freedom of choice.
Healthy competition presupposes:
- homogeneity of services and goods;
- large number of buyers and sellers;
- absence of price discrimination;
- complete information on prices;
- absolute mobility of resources.
Private property is a guarantee of non-interference of third parties in voluntarily signed contracts, it is also the basic framework of a market economy.Meanwhile, the classical market economy is a method due to government intervention in the economy.The government here is as an organizer, which determines the rules of the market and carefully monitors the implementation of these rules.
