A _______ market springs up not from people wanting goods for their personal use but for the use those goods have in completing a demanded product or process.

Question

Quizplus · Accepted Answer

A market that arises from the demand of goods for their use in completing a demanded product or process is known as a derived demand. Supply chain relates to the process through which goods are produced and distributed from the manufacturer to the end consumer. Wholesalers are intermediaries who purchase products in bulk from manufacturers and sell them to retailers or other businesses. Contrived demand refers to a scenario where a product is made necessary by creating desire or need among consumers, while logistical refers to the planning and coordination of the movement of goods.

A _______ Market Springs Up Not from People Wanting Goods