The consumer market is becomingan integral part of our life, because in order to live and prosper, a person today needs not only a number of vital goods and products, but also their choice. The functions of the labor market are aimed at improving the quality of service and improving the standard of living of the consumer. In order for the market to function normally, it is necessary to observe three conditions: the existence of private property, competition and free prices.
The main functions of the market:
1. Regulatory. The regulator of production here is the market through supply and demand. Thus, it establishes the necessary proportions in the economy.
2. Incentive. Here, the market stimulates the introduction of scientific and technological progress, the expansion of the product mix and the reduction of production costs.
Structure, types and functions of the market:
1. Types of the market:
2. Mechanisms of the market:
3. Degree of market saturation:
5. Legislative base:
The securities market can be viewed asan independent sector of the financial market, it is he who is the source of capital in the market economy. The functions of the securities market are conditionally divided into two groups: general market functions and specific ones that significantly distinguish it from other markets.
Common Market Functions:
Specific market functions:
1. Redistributive.
Responsible for:
2. Function of insurance of financial and price risks.
Market economy is a system based onfreedom of choice, private property and competition. First of all, it guarantees freedom to the consumer, as it gives him 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 is personal interest, only for buyers it is the maximum benefit, and for producers - maximum profit. The basis for healthy competition is complete freedom of choice.
Healthy competition suggests:
Private property is a guaranteenon-interference of third parties in voluntarily concluded contracts, it also constitutes the basic basis of a market economy. Meanwhile, the classical market economy is a method due to state intervention in the economy. The government here acts as an organizer, determining the rules of the game in the market and carefully monitoring the implementation of these rules.