student asking question

What does "market force" mean? Could you give me some examples?

teacher

Native speaker’s answer

Rebecca

"Market forces" refers to all the economic factors that affect the price, demand, and availability of a product without being controlled by the government. The supply and demand are determined by buyers and sellers, who are considered the "market." Ex: According to market forces, the price of something rises the more valuable and scarce it is. Ex: The oil supply is low, so prices have risen. Ex: Market forces create competition between suppliers and shops. Ex: Due to the market forces, the price has dropped considerably on last year's clothing season.

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