The mode of exchange that is characterized by regulation by supply and demand and transactions that are often impersonal (with strangers) but may be personal (with acquaintances or family members) is

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04-05-2022
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The mode of exchange that is characterized by regulation by supply and demand and transactions that are often impersonal (with strangers) but may be personal (with acquaintances or family members) is

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Michell96idn Michell96idn · Answer 1 · 2022-05-12T05:47:30-04:00

The mode of exchange that takes into account the regulation of demand and supply and the relationships between individuals is known as the exchange market.

What is the exchange market?

The exchange market is an economic term that refers to a mode of exchange in which the transactions or economic relations of an individual with other people are regulated.

Additionally, in this mode of exchange, the balance between supply and demand of each transaction or commercial relationship of an individual is taken into account.

Learn more about exchange market in: https://brainly.com/question/24276072

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What is the exchange market?

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