1) Consumer goods market: This refers to the market for goods that are purchased by the final consumers for their personal use or consumption. Examples of consumer goods include clothing, electronics, food, and furniture.
2) Industrial goods market: This refers to the market for goods that are used in the production of other goods or services. Industrial goods include raw materials, machinery, equipment, and components.
3) Financial services market: This refers to the market for financial products and services such as banking services, investment services, insurance, and mortgage services. Financial services are intangible in nature and are meant to facilitate financial transactions and provide financial security.
4) Digital goods and services market: This refers to the market for digital products and services that are delivered electronically or through the internet. Examples include software, e-books, online streaming services, digital advertising, and online education platforms.
What are four different types of goods and services markets
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