Translation of "factor market" into Slovak
trh výrobných faktorov is the translation of "factor market" into Slovak.
factor market
noun
grammar
The system or infrastructure for economic exchange within which factors of production (such as labor, materials, or capital) are purchased or sold. [..]
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trh výrobných faktorov
A market where services of the factors of production (not the actual factors of production) are bought and sold. [..]
Furthermore, it is well established that the flexibility of factor markets is vital for a well-functioning monetary union.
Okrem toho je známe, že flexibilita trhov výrobných faktorov je nevyhnutná na riadne fungovanie menovej únie.
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