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A market, or marketplace, is regular gathering of people for the purchase and sale of provisions, livestock, and other goods. A place where buying and selling occurs. In different parts of the world they may be referred to as a souk (from the Arabic), bazaar (from the Persian), a fixed mercado (Spanish) or itinerant tianguis (Mexico), or palengke (Philippines).
Types of markets[edit]
Markets may be retail or wholesale markets.
Major physical formats of markets are:
Indoor market of any sort
Marketplace, an open space where a market is or was formerly held in a town
Market square, in Europe, with stalls selling goods in a public square
Public market, in the United States, an indoor, fixed market in a building and selling a variety of goods
Street market, with stalls along one or more public streets
Floating markets, where goods are sold from boats, chiefly found in Thailand, Indonesia and Vietnam
Night markets, popular in many countries in Asia, opening at night and featuring much street food and a more leisurely shopping experience. In Malaysia they are known as pasar malam.
Wet markets, in Greater China, where traditionally live animals were sold; in Malaysia, pasar pagi is a type of wet market
Markets may feature a range of merchandise for sale, or they may be one of many specialist markets, such as:
Antique markets
Farmers’ markets, focusing on fresh food
Fish markets
Flea markets or swap meets, a type of bazaar that rents space to people who want to sell or barter merchandise. Used goods, low quality items, and high quality items at low prices are commonplace
Flower markets, such as the Mercado Jamaica in Mexico City and the Bloemenmarkt in Amsterdam
Food halls, featuring gourmet food to consume on- and off-premises, such as those at Harrods (London) and Galeries Lafayette (Paris) department stores. In the United States, these may be also referred to simply as “markets”, such as the West Side Market in Cleveland or Ponce City Market in Atlanta.[3]
Handicraft markets
Markets selling items used in the occult (for magic, by witches, etc.)
Markets existed in ancient times — in ancient Greece, the agora, and in ancient Rome, the forum. The Grand Bazaar in Istanbul is often cited as the world’s oldest still-operating market; its construction began in 1455. In the 15th century the Mexica (Aztec) market of Tlatelolco was the largest in all the Americas.