What Is an Example of a Resource Market?
An example of a resource market would be a job resource market where businesses gather new employees that are highly qualified for specific positions that the business’s existing employees may not be able to fill based on qualifications alone. A resource market is a place where resources are exchanged and is not limited to money only as labor and raw materials such as steel can be exchanged.
Another example can be seen in value-added agriculture where farms add additional services that are valuable to other businesses or companies in order to trade resources. Resource marketplaces can be found in many different industries and are not limited to a particular industry.