1.4. Market Towns
Episode 7 of the An Essay on Economic Theory podcast, hosted by Richard Cantillon, titled "1.4. Market Towns" was published on December 1, 2014.
December 1, 2014 · An Essay on Economic Theory
Episode Description
Entrepreneurs establish markets in centrally located villages which provide the necessary conditions under which prices are established between supply and demand. The size of the market town depends on the size of the economy it serves.
From Part 1: Production, Distribution, and Consumption. Narrated by Millian Quinteros.
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