Return to Lesson Plan African market places are primarily used for one to do their marketing and trading. The market place is the exact location where buyers and sellers meet.
People visit the market for many reasons other than to buy and sell goods.
They provide a place to buy needs and sell produce, meet a significant other, settle a legal dispute, catch the latest news, or for religious activities. The principle The market principle is the way that many buyers and sellers work together, bargaining, until an agreement is reached on the price. Supply and demand may create instability on any given item. Marketing and Trading Marketing occurs when a producer takes some of his product to market to exchange for other goods. When an entrepreneur purchases and item with the intent of selling it in another market or in the same market at a later time, it is called trading.