Economics Dictionary of Arguments

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 Factor Market - Economics Dictionary of Arguments
 
Factor Market: In economics, the factor market refers to the marketplace where factors of production (land, labor, capital, and entrepreneurship) are bought and sold. Businesses purchase these factors to produce goods and services, while households supply them. Factor markets determine the prices of inputs, such as wages for labor and interest rates for capital. See also Factors of production, Production theory, Production structure.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
 
Rothbard, Murray N. Factor Market   Rothbard, Murray N.

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Ed. Martin Schulz, access date 2026-03-08