Question

describe the resemblance of new market and the comparison to children behavior as it relates to borrowing

Answer 1

Resemblance of new market can be described as a market which is being liked by the consumers and demand and supply are also met. The market has different structure and it operates according to the consumer behavior. It can be further explained as good market where consumers love to purchase as per their choice without considering pros and cons. As we know that the all the market types are consumer driven and market exist because of consumer. If a company provides good product or services to the consumer at given price and consumer gets satisfied it leads to resemblance of new market.

Now let us understand this while comparing with the children behavior. This can be explained as that when a kid play he loves to play without thinking about problems or aspects of the environment and continues to enjoy the plays as far as he likes without any hesitation or tension. In similar way we can understand the resemblance of new market.

But when it comes to borrowing you cannot borrow a toy from the kid as he will start crying because he loves that toy and thinks that the toy is his property, in the very similar way resemblance of new market works. This is all about the new market and the comparison to children behavior as it relates to borrowing.