News tagged with market

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Teen binge drinking influenced by adults

(Medical Xpress)—Teenage binge drinking is influenced heavily by the role of adults in endorsing and facilitating unsafe behaviours, according to a study by researchers at The University of Western Australia ...

Apr 10, 2014
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Tobacco promotions still reaching youth

Teens and young adults who are exposed to marketing materials for tobacco products, such as coupons and websites, were far more likely to begin smoking or to be current smokers than those not exposed, finds ...

Apr 02, 2014
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Australia to sell biggest health insurer

The conservative government of Prime Minister Tony Abbott on Wednesday said it would press ahead with the sale of Australia's largest health insurer Medibank Private via an initial public offering.

Mar 26, 2014
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Future tension: Mad enough to tax soda

(Medical Xpress)—Simply reading about a future marketing campaign – a plan to pitch sugary soda to kids using NBA basketball and hip-hop music themes – makes some adults mad enough to slap a tax on soda.

Feb 12, 2014
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NY authorities say $170M pill ring shut down

Authorities say they've shut down several New York City medical clinics and arrested two dozen people in a scheme to sell more than 5 million prescription painkillers on the black market.

Feb 05, 2014
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Market

A market is any one of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade, and goods and services are exchanged, forming part of the economy. It is an arrangement that allows buyers and sellers to exchange things. Markets vary in size, range, geographic scale, location, types and variety of human communities, as well as the types of goods and services traded. Some examples include local farmers’ markets held in town squares or parking lots, shopping centers and shopping malls, international currency and commodity markets, legally created markets such as for pollution permits, and illegal markets such as the market for illicit drugs.

In mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services for money is a transaction. Market participants consist of all the buyers and sellers of a good who influence its price. This influence is a major study of economics and has given rise to several theories and models concerning the basic market forces of supply and demand. There are two roles in markets, buyers and sellers. The market facilitates trade and enables the distribution and allocation of resources in a society. Markets allow any tradable item to be evaluated and priced. A market emerges more or less spontaneously or is constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods.

The historical origin of markets is the physical marketplaces which would often develop into small communities, towns and cities.[citation needed]

This text uses material from Wikipedia licensed under CC BY-SA