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by gorgoiler
2176 days ago
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As in a town square market, as seen in human culture for the last few thousand years. For non-native speakers, market has a specific meaning in US English. In the US a “market” typically means a small shop selling the most common fruits, vegetables, snacks, and household items. In Europe a market is a larger and more general area for autonomous small traders, usually also trading food and household goods. The autonomy and low barrier to entry make them a good analogy to a stock market. (They also suffer from availability and quality issues. A large business can arrange to purchase and retail all of these goods on behalf of consumers under one roof — a supermarket.) |
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