Economic markets are platforms where buyers and sellers come together to exchange goods and services. These markets can be physical, like a local farmers' market, or virtual, like an online e-commerce website. Prices in these markets are determined by supply and demand, meaning that when more people want a product, its price tends to rise. There are different types of economic markets, including stock markets, where shares of companies are traded, and labor markets, where employers seek workers. Each market operates under its own set of rules and influences, but all play a crucial role in the overall economy by facilitating trade and resource allocation.