Economics GCSE
Product market
What Product market means in Economics GCSE, as defined for AQA.
Definitions of Product market
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Reference: AQA
The marketplace where final goods and services are bought and sold, with consumers as the buyers and businesses as the sellers.
A marketplace where final goods and services are bought and sold, with consumers as the buyers and businesses as the sellers.
Topics that use Product market
- Markets and allocation of resources (AQA GCSE)
Related terms
- Circular flow of income
- Efficiency and resource allocation
- Factor market
- Factors of production
- Market
- Market economies
- Market forces
- Price determination
Using Product market in the exam
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