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Markets & Black Markets

A market is any place where people buy and sell goods. It can be a grocery store, an online shopping site, or even a farmer's market. Some markets focus on food or clothing, while others focus on services like hiring a plumber or getting a haircut. Markets don’t have to be physical spaces; they can exist online or through informal networks. In any market, there can be many, few, or only one supplier or consumer, and each of them has a different level of influence on prices and availability. Sometimes, there are black markets or parallel markets, where goods are traded illegally, often to avoid taxes or government regulations.

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