{
  "id": "market.economic",
  "term": "market",
  "sense": "economic",
  "pos": "noun",
  "status": "review",
  "level": 17,
  "arena": "market",
  "domain": "everyday",
  "style": null,
  "definition": "a place where people exchange goods for money",
  "folk_gloss": null,
  "emergence": {
    "components": [
      "space.extent",
      "people.social",
      "products.goods",
      "money.economic",
      "give.transfer",
      "exchange.trade"
    ],
    "interaction": "people transfer goods and money between each other in a shared space, creating a system of regular exchange",
    "novel_properties": [
      "reciprocal valuation",
      "structured trading",
      "economic interaction"
    ]
  },
  "examples": [
    {
      "text": "The New York Stock Exchange processed 1.2 billion shares on October 20, 2023, in a regulated trading hall at 11 Wall Street.",
      "domain": "economics"
    },
    {
      "text": "Farmers sell produce weekly at the Modesto Certified Farmers Market under California state vendor licenses.",
      "domain": "everyday life"
    },
    {
      "text": "The Silk Road enabled exchange of Chinese silk for Roman gold across Central Asia from 200 BCE to 1450 CE.",
      "domain": "institutions"
    }
  ],
  "relations": [
    {
      "id": "space.extent",
      "note": "is-a",
      "type": "is-a"
    },
    {
      "id": "business.economic",
      "note": "enables",
      "type": "enables"
    }
  ],
  "used_by": [],
  "forms": [
    "market",
    "marketed",
    "marketing",
    "markets"
  ],
  "closed": true,
  "provenance": {
    "author": "openrouter:openai/gpt-oss-120b",
    "date": "2026-07-29",
    "confidence": 0.6,
    "reconciled": {
      "by": "openrouter:qwen/qwen3-235b-a22b-2507",
      "date": "2026-07-31",
      "changed": "definition",
      "note": "added missing 'exchange.trade' and 'give.transfer' which are essential to the mechanism; 'good.moral' was erroneously listed as needed but is not constitutive—removed"
    }
  },
  "canonical": "https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-market.economic"
}