What is MARKET FORCES?

Demand and supply drive are this aggregate influence over self-interested buyers and sellers haggling on goods and services pricing and quantities available in the market. Simplistically, prices rise with excess demand, which forces quantity of supply to rise, and prices fall with excess supply.

More On This Topic



Link to This Definition
Did you find this definition of MARKET FORCES helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary