What Is A Market? The following is a very good definition from Investopedia. A market is a place where two parties can gather to facilitate the exchange of goods and services. The parties involved are usually buyers and sellers. The market may be physical like a retail outlet, where people meet face-to-face, or virtual like an online market, where there is no direct physical contact between buyers and sellers. The term market also takes on other forms. For instance, it may refer to the place where securities are traded—the securities market. Alternatively, the term may also be used to describe a collection of people who wish to buy a specific product or service such as the Brooklyn housing market or as broad as the global diamond market. Source : https://www.investopedia.com/terms/m/market.asp How Many Markets Exist? In a word, gazillions! There are physical markets for commodities such as coffee, wheat, and sugar. There are hybrid markets where commerce is conducted, but the physica