factor market
factor market noun: the system or infrastructure for economic exchange within which factors of production (such as labor, materials, or capital) are purchased or sold.
Noun
factor market (plural factor markets)
- The system or infrastructure for economic exchange within which factors of production (such as labor, materials, or capital) are purchased or sold.
- The instance of a few buyers and many sellers in the factor market with many buyers and sellers in the product market is typified by the classic cases of unorganized wage-earners in company towns, for instance, textile and coal.1942, John T. Dunlop and Benjamin Higgins, "“Bargaining Power” and Market Structures," Journal of Political Economy, vol. 50, no. 1 (Feb.), p. 24
- In China, for instance, there is still the need to liberalize the factor market, especially in the land and labor market.2010 January 13, Maria Monica Wihardja, “G20 and East Asia: A forum for the Asian agenda”, in Jakarta Post, retrieved 25 Jan 2013
Forms of factor market
| plural | factor markets |
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Questions about factor market
- What does factor market mean?
- Factor market means the system or infrastructure for economic exchange within which factors of production (such as labor, materials, or capital) are purchased or sold.
- What part of speech is factor market?
- Factor market is a noun.
- What is the plural of factor market?
- The plural of factor market is factor markets.
Words near factor market in the dictionary
Source and license
Adapted from Wiktionary: factor market (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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