COMMODITY MARKET: This is a market where different types of commodities are sold and bought. It may be Manufactured goods like cement, iron sheet or agricultural Products like beans, rice and cocoa.
FACTOR MARKET: This is a market where factors of production are sold and bought e.g. labour i.e. for skilled, unskilled and professional workers.
CAPITAL MARKET: This is a market where long-term loan are obtained and where buying and selling of shares equally take place E.g. stock exchange market.