A P2P MARKET CONCEPT SPECIALIZING IN THE SALE OF ART OBJECTS

Abstract

The market is a mechanism connecting commodity exchange relations between sellers and buyers and production and consumption. The object of the market is useful goods and services, and the subject is market participants (sellers and buyers), which consist of firms, households, state organizations, agencies, etc. Market participants enter into relations for the exchange of goods and services in monetary terms. Trade relations with goods in the market are carried out according to the laws of commodity production, commodity exchange and money circulation. Market participants have the status of seller and buyer.