Pushing To Business Success

There are three types of Markets in Global Economic System:
1. Factor markets:
Consuming units sell their labor and other resources to those producing units offering highest prices. It also allocate factors of productions: land, labor, management and capital-distribute income.

2. Product markets:
Consuming units purchase goods and services in product market. Food, shelter, tickets, automobiles and clothing are among the many goods and services sold in product markets.
3. Financial markets:
Performs a vital function within the global economic system. The financial Markets channel saving to those individuals and institutions needing more funds for spending and it is the heart of the global financial system, attracting and allocating saving and setting interest rate and the prices of financial assets (stocks, bond, etc...)