Definition of Market forces:
Forces of demand and supply representing the aggregate influence of self-interested buyers and sellers on price and quantity of the goods and services offered in a market. In general, excess demand causes prices and quantity of supply to rise, and excess supply causes them to fall.
How to use Market forces in a sentence?
- You need to figure out how all of the different market forces will change the direction that your company will go.
- There were a lot of market forces at work that we had to keep track of in order to make sure we stayed on top of sales.
- The market forces have caused an influx in the demand of fitness products due to the new value placed on health and wellness in the community.
Meaning of Market forces & Market forces Definition