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Market facts & stats

7 fact-checked facts about markets, marketplaces, trade and supply and demand, each with the reason behind it. 5 more are in today's round and join this page after it closes.

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The basics

What does a "bull market" mean?

AnswerPrices are generally rising

Bull markets describe sustained rising prices.

What is a bazaar?

AnswerA traditional marketplace

Bazaars are marketplaces, especially in the Middle East and Asia.

Going deeper

What is a monopoly?

AnswerA market dominated by a single seller

A monopolist faces little or no competition.

The Grand Bazaar, one of the oldest covered markets, is in which city?

AnswerIstanbul

Istanbul's Grand Bazaar dates to the 15th century.

How is a company's market capitalization calculated?

AnswerShare price times shares outstanding

Market cap is the total market value of all shares.

Expert level

What is a market with only one buyer called?

AnswerMonopsony

A monopsony has a single dominant buyer.

In which year did Pike Place Market open?

Answer1907

It opened in August 1907.

Know these cold?Today's round is five questions like these, 20 seconds each. Your streak and level follow you to every arena.Play today's round