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market place vs oligopoly

oligopoly vs market place

market place and oligopoly both are nouns.

Word NounAdjectiveVerbAdverb
market place Yes No No No
oligopoly Yes No No No
As nouns, oligopoly is a hyponym of market place; that is, oligopoly is a word with a more specific, narrower meaning than market place:
  • market place: the world of commercial activity where goods and services are bought and sold
  • oligopoly: (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors
market place (noun) oligopoly (noun)
the world of commercial activity where goods and services are bought and sold (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors
an area in a town where a public mercantile establishment is set up
Difference between market place and oligopoly

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