Whois & Analysis for parsons.com

A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange.

While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labor) in exchange for money from buyers.

It can be said that a market is the process by which the prices of goods and services are established.

Markets facilitate trade and enable the distribution and allocation of resources in a society.

Markets allow any trade-able item to be evaluated and priced.

A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf.

ownership) of services and goods.

Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, source of goods for sale (local produce or stock registration), and the threat of military or police force if these rules are broken.

Security is the degree of resistance to, or protection from, harm.

It applies to any vulnerable and/or valuable asset, such as a person, dwelling, community, item, nation, or organization.

A multinational corporation or worldwide enterprise is a corporate organization that owns or controls production of goods or services in one or more countries other than their home country.

It can also be referred to as an international corporation, a transnational corporation, or a stateless corporation.

There are subtle but real differences between these three labels, as well as those labels of multinational corporation and a worldwide enterprise.

Talcott Parsons (December 13, 1902 – May 8, 1979) was an American sociologist of the classical tradition, best known for his social action theory and structural functionalism.

Parsons is considered one of the most influential figures in the development of sociology in the 20th century.

After earning a PhD in economics, he served on the faculty at Harvard University from 1927 to 1979, and in 1930, was among the first professors in its newly created sociology department.

Critical infrastructure is a term used by governments to describe assets that are essential for the functioning of a society and economy - the infrastructure.

Most commonly associated with the term are facilities for: