Market correction
A market correction is a rapid change in the nominal price of a commodity, after a barrier to free trade has been removed and the free market establishes a new equilibrium price. It may also refer to several of these single-commodity corrections en masse, as a collective effect over several markets concurrently.
See also
- Market trend
- Real estate bubble of 1796-1797
- Financial Bubble of 1837
- United States housing market correction
- United States housing bubble
This article is issued from Wikipedia - version of the Wednesday, October 29, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.