Local markets in the regional economy structure

The article deals with the problems of local markets in the structure of the regional economy. The classification of regional markets is analyzed; the classification of regional local markets is given. The article describes the structure of local markets, their role in the development of the region, their direct interaction, and the need for regulation of market relations at the regional level by the state administration bodies. The author shows a diagram of the reproductive process which is the principal element of regional economic structure.