On February 7, 2020, students of LOG-19-1 group (curator shegebaeva G. E.) held a curatorial hour on the topic: “trends in the development of the world market and robotics”.
Market-is a set of commodity relations that characterize the exchange organized by the legislation of commodity production and turnover. In other words, a market is any institution or mechanism that unites specific sellers and buyers of goods.
This is the commodity-money sphere and the economy between producers (sellers) and consumers (buyers). system of relations. The main elements of these relationships are cost, price, competition, supply and demand. The functioning of the market will regulate the relations between producers, as well as the economy between people. relations are subject to the law regulating the division and promotion of social labor in the conditions of production of goods, relations to which are manifested by the purchase and sale of the products of their labor. The law of supply and demand acts as a form of exercise which determine the equivalence of exchange, the ratio of cash flow, solvent flow, effective demand and offer of goods (services). The market focuses all participants on the high quality of goods and services, reducing production costs, and successfully satisfying consumers, on the one hand, through economic coercion arising from competition, bankruptcy, etc., on the other hand, through material incentives (increasing profits, etc.). The market is characterized by the independence of producers, their complete independence, free pricing of goods, free choice of consumers and suppliers, competitive competition of producers and sellers.
