Markets - History Page - Welker's Wikinomics Page

	Date/Time	Made By	Type	Scope
	Nov 20 2008, 5:38 AM EST	JoshAppleton	edit	1 word added
Change: Ex: Swiss farmers renting land to ski resortslocal marketsEx: Grocery store national or internationalEx: Trade between states/countries personal (face to face)Ex: A farmer's roadside stand faceless (buyer and seller never meeting)Ex: eBay a purely competitive marketEx: There are so many View changes from previous version. (Word count: 155)
	Nov 20 2008, 5:38 AM EST	JoshAppleton	edit	1 word added 1 word deleted
Change: consistconsists of large numbers of independently acting buyers and sellers of standardized products Highly competitive involve demand, supply, price, and quantity two types: Product - Goods and ServicesResource - Productive Resources Examples of markets: Resource markets:Swiss farmers renting land to ski resortslocal marketsEx: Grocery store View changes from previous version. (Word count: 154)
	Sep 19 2008, 9:24 AM EDT	welkerjason	edit	9 words added
Change: Swiss farmers renting land to ski resortslocal marketsEx: Grocery store national or internationalEx: Trade between states/countries personal (face to face)Ex: A farmer's roadside stand faceless (buyer and seller never meeting)Ex: eBay a purely competitive marketEx: There are so many View changes from previous version. (Word count: 154)
	Sep 18 2008, 5:48 AM EDT	welkerjason	edit	5 words added
Change: Involves voluntary or mutual exchange. Characteristics: where all the buyers and sellers meet and trade consist of large numbers of independently acting buyers and sellers of standardized products Highly competitive involve demand, supply, price, and quantity two types: Product - Goods and ServicesResource - Productive Resources Examples of markets: View changes from previous version. (Word count: 145)
	Sep 26 2007, 10:24 AM EDT	alicesu	edit	38 words added 6 words deleted
Change: competitive marketEx: thereThere are a large numberso ofmany independent buyers and sellers that they cannot control the market price.a purely noncompetitive marketEx: There is a monopoly on the product by a single firm so that they can set whatever market price they want. View changes from previous version. (Word count: 140)
	Sep 25 2007, 3:29 AM EDT	MargaretLiu	edit	5 words added 5 words deleted
Change: markets: local markets ::Ex: Grocery store national or international ::Ex: Trade between states/countries personal (face to face) ::Ex: A farmer's roadside stand faceless (buyer and seller never meeting) ::Ex: ebay a purely market ::Ex: there are a large number of independent buyers and sellers View changes from previous version. (Word count: 108)
	Sep 23 2007, 9:55 AM EDT	kathie2989	edit	14 words added
Change: Resource - Productive Resources Examples of markets: local markets :: Grocery store national or international ::Trade between states/countries personal (face to face) :: A farmer's roadside stand faceless (buyer and seller never meeting) :: ebay a purely market :: there are a large number of independent buyers and sellers View changes from previous version. (Word count: 103)
	Sep 23 2007, 9:52 AM EDT	kathie2989	edit	6 words added
Change: involve demand, supply, price, and quantity two types: Product - Goods and ServicesResource - Productive Resources Examples of markets: local markets :: Grocery store national or international ::Trade between states/countries personal (face to face) :: A farmer's roadside stand faceless (buyer and seller never meeting) :: ebay View changes from previous version. (Word count: 90)
	Sep 9 2007, 9:43 AM EDT	mrdaily	edit	23 words added
Change: A market is an institution or mechanism that brings buyers and sellers of particular goods, services, or resources together. Characteristics: where all the buyers and sellers meet and trade consist of large numbers of independently acting buyers and sellers of standardized products Highly competitive involve demand, supply, price, and quantity View changes from previous version. (Word count: 86)
	Sep 2 2007, 9:07 AM EDT	Christinah	edit	11 words added
Change: sellers of standardized products Highly competitive involve demand, supply, price, and quantity two types: Product and Resource Examples of markets: local markets :: Grocery store national or international :: personal (face to face) :: A farmer's roadside stand faceless (buyer and seller never meeting) :: ebay View changes from previous version. (Word count: 62)
	Sep 2 2007, 5:44 AM EDT	emilyyeh	edit	5 words added
Change: meet and trade consist of large numbers of independently acting buyers and sellers of standardized products Highly competitive involve demand, supply, price, and quantity two types: Product and Resource Examples of markets: local markets national or international personal (face to face) faceless (buyer and seller never meeting) View changes from previous version. (Word count: 54)
	Sep 1 2007, 11:48 PM EDT	serenatu	edit	31 words added 11 words deleted
Change: the buyers and sellers meet and tradetheconsist placeof buyerslarge numbers of independently acting (demanders)buyers and sellers (suppliers)of meetstandardized toproductsHighly tradecompetitiveinvolve demand, supply, price, and quantityExamples of markets: local marketsnational or internationalpersonal (face to face)faceless View changes from previous version. (Word count: 49)
	Aug 30 2007, 9:36 AM EDT	KatherineYang	edit	25 words added
Change: Characteristics:Examples of markets:the place buyers (demanders) and sellers (suppliers) meet to tradelocal marketsnational or internationalpersonal (face to face)faceless (buyer and seller never meeting) View changes from previous version. (Word count: 29)
	Aug 29 2007, 1:45 AM EDT	welkerjason	edit	4 words added
Change: Characteristics:Examples of markets: View changes from previous version. (Word count: 4)
	Aug 29 2007, 1:42 AM EDT	welkerjason	create	No content added or deleted.
Change: Created by welkerjason Aug 29 2007, 1:42 AM EDT for: no reason given