"factor market" meaning in English

{
  "forms": [
    {
      "form": "factor markets",
      "tags": [
        "plural"
      ]
    }
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      "args": {},
      "expansion": "factor market (plural factor markets)",
      "name": "en-noun"
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
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          "kind": "other",
          "name": "English entries with incorrect language header",
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      "examples": [
        {
          "ref": "1942, John T. Dunlop and Benjamin Higgins, \"“Bargaining Power” and Market Structures,\" Journal of Political Economy, vol. 50, no. 1 (Feb.), p. 24",
          "text": "The instance of a few buyers and many sellers in the factor market with many buyers and sellers in the product market is typified by the classic cases of unorganized wage-earners in company towns, for instance, textile and coal."
        },
        {
          "ref": "2010 January 13, Maria Monica Wihardja, “G20 and East Asia: A forum for the Asian agenda”, in Jakarta Post, retrieved 2013-01-25:",
          "text": "In China, for instance, there is still the need to liberalize the factor market, especially in the land and labor market.",
          "type": "quote"
        },
        {
          "ref": "2011 June 6, Mary Rauto, “Price control to remain”, in Fiji Times, retrieved 2013-01-25:",
          "text": "Fiji Commerce Commission chairman Dr Mahendra Reddy said . . . \"They want no price control in the product market but they want price control in the factor market.\"",
          "type": "quote"
        }
      ],
      "glosses": [
        "The system or infrastructure for economic exchange within which factors of production (such as labor, materials, or capital) are purchased or sold."
      ],
      "id": "en-factor_market-en-noun-Yajkwu5O",
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "system",
          "system"
        ],
        [
          "infrastructure",
          "infrastructure"
        ],
        [
          "economic",
          "economic"
        ],
        [
          "exchange",
          "exchange"
        ],
        [
          "factors of production",
          "factor of production"
        ],
        [
          "labor",
          "labor"
        ],
        [
          "material",
          "material"
        ],
        [
          "capital",
          "capital"
        ],
        [
          "purchase",
          "purchase"
        ],
        [
          "sold",
          "sell"
        ]
      ],
      "raw_glosses": [
        "(economics) The system or infrastructure for economic exchange within which factors of production (such as labor, materials, or capital) are purchased or sold."
      ],
      "related": [
        {
          "word": "product market"
        }
      ],
      "topics": [
        "economics",
        "sciences"
      ]
    }
  ],
  "word": "factor market"
}

{
  "forms": [
    {
      "form": "factor markets",
      "tags": [
        "plural"
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    }
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      "expansion": "factor market (plural factor markets)",
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "related": [
    {
      "word": "product market"
    }
  ],
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      "examples": [
        {
          "ref": "1942, John T. Dunlop and Benjamin Higgins, \"“Bargaining Power” and Market Structures,\" Journal of Political Economy, vol. 50, no. 1 (Feb.), p. 24",
          "text": "The instance of a few buyers and many sellers in the factor market with many buyers and sellers in the product market is typified by the classic cases of unorganized wage-earners in company towns, for instance, textile and coal."
        },
        {
          "ref": "2010 January 13, Maria Monica Wihardja, “G20 and East Asia: A forum for the Asian agenda”, in Jakarta Post, retrieved 2013-01-25:",
          "text": "In China, for instance, there is still the need to liberalize the factor market, especially in the land and labor market.",
          "type": "quote"
        },
        {
          "ref": "2011 June 6, Mary Rauto, “Price control to remain”, in Fiji Times, retrieved 2013-01-25:",
          "text": "Fiji Commerce Commission chairman Dr Mahendra Reddy said . . . \"They want no price control in the product market but they want price control in the factor market.\"",
          "type": "quote"
        }
      ],
      "glosses": [
        "The system or infrastructure for economic exchange within which factors of production (such as labor, materials, or capital) are purchased or sold."
      ],
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "system",
          "system"
        ],
        [
          "infrastructure",
          "infrastructure"
        ],
        [
          "economic",
          "economic"
        ],
        [
          "exchange",
          "exchange"
        ],
        [
          "factors of production",
          "factor of production"
        ],
        [
          "labor",
          "labor"
        ],
        [
          "material",
          "material"
        ],
        [
          "capital",
          "capital"
        ],
        [
          "purchase",
          "purchase"
        ],
        [
          "sold",
          "sell"
        ]
      ],
      "raw_glosses": [
        "(economics) The system or infrastructure for economic exchange within which factors of production (such as labor, materials, or capital) are purchased or sold."
      ],
      "topics": [
        "economics",
        "sciences"
      ]
    }
  ],
  "word": "factor market"
}