How do markets contribute to the economy of a country?

Markets facilitate the exchange of goods and services, allowing producers to sell what they make and consumers to buy what they need.

• They enable efficient distribution of resources by signalling what to produce through prices, encouraging producers to make goods that people want.
• Markets generate employment across production, trade and services, helping people earn income and support their families.
• They support businesses by connecting them with buyers, allowing firms to grow, innovate and invest.

· Taxes collected from market activities provide government revenue to fund public services such as education, health and infrastructure.