Final answer:
A market brings buyers and sellers together for economic transactions. It facilitates the interaction between potential buyers and sellers through demand and supply. In a market economy, economic decisions are decentralized and based on demand.
Step-by-step explanation:
The primary purpose of a market is to bring buyers and sellers together for economic transactions. Markets facilitate the interaction between potential buyers and sellers through a combination of demand and supply. In a market economy, economic decisions are decentralized, and private individuals own resources, while businesses supply goods and services based on demand.