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Created page with 'File:lighterstill.jpgright|frame *[http://en.wikipedia.org/wiki/14th_century 14th Century] ==Definitions== *1a : an open square or place in a [[town...'
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*[http://en.wikipedia.org/wiki/14th_century 14th Century]
==Definitions==
*1a : an open square or place in a [[town]] where markets or [[public]] sales are held
:b : market <the marketplace is the [[interpreter]] of supply and demand>
*2: the world of [[trade]] or [[economic]] activity : the everyday world
*3: a [[sphere]] in which intangible [[values]] compete for [[acceptance]] <the marketplace of [[ideas]]>
==Description==
A '''marketplace''' is the [[space]], [[actual]], [[virtual]] or [[metaphor]]ical, in which a market operates. The term is also used in a [http://en.wikipedia.org/wiki/Trademark trademark] law context to denote the actual consumer [[environment]], ie. the 'real world' in which [[products]] and [[services]] are provided and consumed.
==Marketplaces and street markets==
A marketplace is a location where [[goods]] and [[services]] are exchanged. The [[traditional]] [http://en.wikipedia.org/wiki/Market_square market square] is a [[city]] square where traders set up stalls and buyers browse the merchandise. This kind of market is very old, and countless such markets are still in operation around the whole world.

*In [http://en.wikipedia.org/wiki/Northern_America North America] such markets fell out of [[favor]], but renewed interest in [http://en.wikipedia.org/wiki/Local_food local food] has caused the reinvention of this type of market, called farmers' markets, in many towns and cities.
*In Europe, especially in [http://en.wikipedia.org/wiki/France France] and [http://en.wikipedia.org/wiki/Britain Britain], street markets, as well as "marketplaces" (covered places where merchants have stalls, but not entire stores) are commonplace. Both resellers and producers sell their wares to the public.
*In [http://en.wikipedia.org/wiki/France Australia], the largest "open air" market is the [http://en.wikipedia.org/wiki/Queen_Victoria_Market Queen Victoria Market] - at seven hectares (17 acres), in Melbourne, which is also the largest in the Southern Hemisphere.
*Markets are often temporary, with stalls only present for one or two days a week ("market days"), however some (such as [http://en.wikipedia.org/wiki/Camden_Market Camden] Market in London, UK) are open every day of the week. Such markets are normally specialist—the various stalls of Camden Market, along with the shops associated with it, sell a variety of alternative lifestyle products ranging from clothes and jewellery to CDs, instruments and furniture. An example of a large market is [http://en.wikipedia.org/wiki/Chatuchak_weekend_market Chatuchak weekend market in Bangkok].
*Some large markets have become permanent [[institutions]] comparable to shopping malls. One example is the huge [http://en.wikipedia.org/wiki/Seventh-Kilometer_Market Seventh-Kilometer Market] near Odessa, Ukraine.

The [[Roman]] term for market, still in use in a related sense, is [[forum]]. The modern [http://en.wikipedia.org/wiki/Shopping_mall shopping mall] can be seen as an extension of this [[concept]].[http://en.wikipedia.org/wiki/Marketplace]

[[Category: Economics]]
[[Category: General Reference]]