Week 11 - Does The Music Industry Create The Market?

In my opinion, the music industry definitely does create the market. If there was no music industry there wouldn’t be a market, end of, fact. However, it can be argued that if it wasn’t for the market, there would be no music industry. However, I would argue with this, as I would say that there could still be a music industry without a market. Although it could be argued nobody would have heard music so wouldn’t know what it was, it could still be possible for people to play instruments, however, it literally is impossible to have a market without an industry. It would be absurd to suggest there could be a market to something that doesn’t exist. So overally, I would definitely say that the music industry does create its market.