A marketplace , market place , or just market , is a location where people regularly gather for the purchase and sale of provisions, livestock, and other goods. In different parts of the world, a marketplace may be described as a souk (from the Arabic ), bazaar (from the Persian ), a fixed mercado ( Spanish ), itinerant tianguis ( Mexico ), or palengke ( Philippines ). Some markets operate daily and are said to be permanent markets while others are held once a week or on less frequent specified days such as festival days and are said to be periodic markets. The form that a market adopts depends on its locality's population, culture, ambient, and geographic conditions. The term market covers many types of trading, such as market squares , market halls , food halls , and their different varieties. Thus marketplaces can be both outdoors and indoors, and in the modern world, online marketplaces .
97-516: Delhi Junction railway station , located in Chandni Chowk , Old Delhi , is the oldest railway station in Delhi , India. It is one of the busiest railway stations in the country, with around 250 trains commencing, terminating, or passing through it daily. Established in 1864, it originally served trains arriving from Calcutta . The current station building, designed in the architectural style of
194-496: A pochteca was a professional merchant who travelled long distances to obtain rare goods or luxury items desired by the nobility. The system supported various levels of pochteca – from very high status through to minor traders who acted as a type of peddler to fill in gaps in the distribution system. Colonial sources also record Mayan market hubs at Acalan , Champotón , Chetumal , Bacalar , Cachi, Conil, Pole, Cozumel , Cochuah , Chauaca, Chichén Itzá , as well as markets marking
291-401: A broad-gauge station, with metre-gauge traffic shifted to Delhi Sarai Rohilla station . In 2016, plans were made to install a 2.2 MW rooftop solar project at the railway station. The station has eighteen platforms, two of which are designed to accommodate two 24-coach trains end-to-end. The station is equipped with four pit lines for washing and cleaning trains. The entrance and exit of
388-501: A charter to local Lords to create markets and fairs for a town or village. A charter protected the town's trading privileges in return for an annual fee. Once a chartered market was granted for specific market days, a nearby rival market could not open on the same days. Fairs, which were usually held annually, and almost always associated with a religious festival, traded in high value goods, while regular weekly or bi-weekly markets primarily traded in fresh produce and necessities. Although
485-622: A cost of ₹1,000 crore under a PPP model in collaboration with a real estate developer. The project will have the capacity to accommodate over 2,300 cars. Marketplace Markets have existed for as long as humans have engaged in trade. The earliest bazaars are believed to have originated in Persia, from where they spread to the rest of the Middle East and Europe . Documentary sources suggest that zoning policies confined trading to particular parts of cities from around 3000 BCE, creating
582-408: A fair's primary purpose was trade, it typically included some elements of entertainment, such as dance, music, or tournaments. As the number of markets increased, market towns situated themselves sufficiently far apart so as to avoid competition, but close enough to permit local producers a round trip within one day (about 10 km). Some British open-air markets have been operating continuously since
679-623: A few days and the quantity supplied is relatively inelastic. The second group is the short period market where the time in which the quantity supplied can be increased by improving the scale of production (adding labor and other inputs but not by adding capital). Many non-perishable goods fall into this category. The third category is the long-period market where the length of time can be improved by capital investment. Other ways to classify markets include its trading area (local, national or international); its physical format or its produce. Major physical formats of markets are: Markets may feature
776-434: A lengthy description which paints a picture of a highly organised, vibrant operation which attracted large number of visitors from some distance away. "As for the people in the fair, they all universally eat, drink and sleep in their booths, and tents; and the said booths are so intermingled with taverns, coffee-houses, drinking-houses, eating-houses, cookshops &c, and all tents too, and so many butchers and higglers from all
873-405: A market tax for the right to trade on market days. Some archaeological evidence suggests that markets and street vendors were controlled by local government. A graffito on the outside of a large shop documents a seven-day cycle of markets: "Saturn's day at Pompeii and Nuceria, Sun's day at Atella and Nola, Moon's day at Cumae", etc. The presence of an official commercial calendar suggests something of
970-766: A particular type of produce – such as the silversmith's street or the textile district. In Tangiers , a sprawling market fills the many streets of the medina and this area is divided into two sections, known as the Grand Socco and the Petit Socco . The term ' socco ' is a Spanish corruption of the Arabic word for souk , meaning marketplace. These markets sell a large variety of goods: fresh produce, cooking equipment, pottery, silverware, rugs and carpets, leather goods, clothing, accessories, electronics, alongside cafes, restaurants and take-away food stalls. The medina at Fez
1067-520: A range of merchandise for sale, or they may be one of many specialist markets, such as: Markets generally have featured prominently in artworks, especially amongst the Dutch painters of Antwerp from the middle of the 16th century. Pieter Aertsen was known as the "great painter of the market". Both he and his nephew, Joachim Beuckelaer , painted market scenes, street vendors and merchants extensively. Elizabeth Honig argues that painters' interest in markets
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#17327880534021164-400: A reputation for quality produce, efficient market regulation and good amenities for visitors such as covered accommodation. By the thirteenth century, counties with important textile industries were investing in purpose built halls for the sale of cloth. London's Blackwell Hall became a centre for cloth, Bristol became associated with a particular type of cloth known as Bristol red , Stroud
1261-649: A sort of pleasant and wholesome, and very refreshing beer. Palm wine, acqua vita and spirits which they get from the Europeans, are kept in other shops, with restrictions on sale to prevent drunkenness and riots. Here slaves of both sexes are bought and sold, also oxen, sheep, dogs, hogs, shish and birds of all kind. Woollen cloths, linen, silks and calicoes of European and Indian manufacture, they have it in great abundance, likewise hard-ware, china and glass of all sorts; gold in dust and ingots, iron in bars, lead in sheets and everything of European, Asiatic or African production
1358-429: A square, was accorded ample elegance by the presence of a pool at the complex's center. The pool glimmered under the moonlight, a characteristic that inspired its name. The shops were originally arranged in a distinctive half-moon pattern, a design that has since been lost or altered over time. The bazaar gained renown for its thriving silver trade, leading to its association with silver merchants. This prominence earned it
1455-625: A system of fresh produce hubs to serve as a platform for producers to market and distribute their produce. It is anticipated that these hubs will assist in curbing the number of sellers who take their produce to South Africa where it is placed on cold storage, only to be imported back into the country at a later date. Fresh produce markets have traditionally dominated the South African food chain, handling more than half of all fresh produce. Although large, vertically integrated food retailers, such as supermarkets, are beginning to make inroads into
1552-590: A system of markets. The Greek historian Herodotus noted that markets did not evolve in ancient Persia. Across the Mediterranean and Aegean, a network of markets emerged from the early Bronze Age. A vast array of goods were traded, including salt, lapis lazuli , dyes, cloth, metals, pots, ceramics, statues, spears, and other implements. Archaeological evidence suggests that Bronze Age traders segmented trade routes according to geographical circuits. Both produce and ideas travelled along these trade routes. In
1649-417: A systematic study of European market towns between the thirteenth and fifteenth century. Their investigation shows that in regional districts markets were held once or twice a week while daily markets were common in larger cities. Over time, permanent shops began opening daily and gradually supplanted the periodic markets, while peddlers or itinerant sellers continued to fill in any gaps in distribution. During
1746-672: A town's or nation's cultural assets. For these reasons, they are often popular tourist destinations. The term market comes from the Latin mercatus ("market place"). The earliest recorded use of the term market in English is in the Anglo-Saxon Chronicle of 963, a work that was created during the reign of Alfred the Great (r. 871–899) and subsequently distributed, copied throughout English monasteries . The exact phrase
1843-514: A water tank. Old Delhi railway station served as the primary railway station of Delhi and a junction for four railway lines until the establishment of the New Delhi railway station in 1926, ahead of the inauguration of New Delhi in 1931. The original Agra–Delhi railway line passed through the area later designated for the hexagonal War Memorial (now India Gate ) and Kingsway (now Rajpath ) as part of New Delhi's city planning. To accommodate this,
1940-547: Is a big market for greeting and wedding cards as well as plumbing and sanitary ware and accessories. Lal Kuan is a wholesale market for hardware and hotel kitchen equipment. Located at the western end of Chandni Chowk, Khari Baoli is a street entirely dedicated to all kinds of spices, dried fruits, nuts, herbs, grains, lentils, pickles and preserves/murabbas. Tilak Bazaar is a wholesale market for industrial chemicals. The Cloth Market supplies home furnishing fabrics, including ready-made items as well as design services. Chandni Chowk
2037-553: Is also a very large market with over 1500 stalls and covering 4.5 ha. In Morocco , markets are known as souks , and are normally found in a city's Medina (old city or old quarter). Shopping at a produce market is a standard feature of daily life in Morocco. In the larger cities, Medinas are typically made up of a collection of souks built amid a maze of narrow streets and laneways where independent vendors and artisans tend to cluster in sections which subsequently become known for
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#17327880534022134-659: Is also held daily in the Jemaa el-Fnaa (main square) where roaming performers and musicians entertain the large crowds that gather there. Marrakesh has the largest traditional Berber market in Morocco. Namibia has been almost entirely dependent on South Africa for its fresh produce. Dominated by rolling plains and long sand dunes and an unpredictable rainfall, many parts of Namibia are unsuited to growing fruit and vegetables. Government sponsored initiatives have encouraged producers to grow fresh fruit, vegetables, legumes and grains The Namibian Ministry of Agriculture has recently launched
2231-480: Is appointed by the King for the inspection of goods, to hear and determine all grievances, complaints and disputes ... The market place is surrounded by butlers and booths, and places of refreshment for the conveniency of the people. They are only permitted to sell certain sorts of meats, pork, goats, beef and dog flesh. Other booths are kept by women who sell maize, millet, rice and corn bread. Other shops sell Pito ,
2328-482: Is blighted with congestion, the market still retains its historical character. The road now called Chandni Chowk had several streets branching off of it, which were referred to as kuchas (streets/wings). Each kucha usually had several katras (cul de sac or guild houses), which in turn had several havelis . The following terms are generally used to describe the buildings and the streets: Some other commonly used terms are Chatta (the upper floor which arches over
2425-466: Is common. Today, markets can also be accessed electronically or on the internet through e-commerce or matching platforms. In many countries, shopping at a local market is a standard feature of daily life. Given the market's role in ensuring food supply for a population, markets are often highly regulated by a central authority. In many places, designated marketplaces have become listed sites of historic and architectural significance and represent part of
2522-573: Is here found at reasonable prices. In the Kingdom of Benin (modern Benin City ), he commented on the exotic foods available for sale at a market there: Besides the dry merchandise of which the markets of Benin abound, they are also well stocked with eatables, a little particular in kind. Here they expose dogs to sale for eating, of which the negroes are very fond. Roasted monkeys, apes and baboons are every where to be seen. Bats, rats and lizards dried in
2619-595: Is home to several notable restaurants and halwais (confectioners), most well known among them is Gali Paranthe Wali . Chandni Chowk has served as a prominent backdrop in several Bollywood films over the years: Chandni Chowk was redeveloped as heritage trail to stimulate tourism, seeking inspiration from the inception of the Heritage Street in Amritsar. The Shahjahanabad Redevelopment Corporation, under
2716-456: Is often cited as the world's oldest continuously operating, purpose-built market; its construction began in 1455. Dating the emergence of marketplaces in China is difficult. According to tradition, the first market was established by the legendary Shennong or the "Divine Farmer" who arranged for markets to be held at midday. In other ancient sayings, markets originally developed around wells in
2813-595: Is the jalebis , which are fried in pure ghee (clarified butter). Starting from the Red Fort end one finds the State Bank of India building. A short distance away is Bhagirath Palace Begum Samru which has an intriguing history. Bhagirath Palace and the adjoining area have perhaps the biggest market in India for electrical goods, lamps and light fixtures.Also for medical essentials and related products. Dariba Kalan
2910-466: Is the market for silver and gold jewellery. This market also offers trophies, shields, mementos and related items. At its Southern end (and close to the Jama Masjid, Delhi ) is Bazaar Guliyan where about a hundred shops selling metallic and wooden statues, sculptures, bells, handicrafts are located. Nai Sarak is the wholesale market for stationery, books, paper and decorative materials. Chawri Bazar
3007-415: Is the oldest, having been founded in the 9th century. The medina at Fez has been named a UNESCO World Heritage site. Today it is the main fresh produce market and is noted for its narrow laneways and for a total ban on motorized traffic. All produce is brought in and out of the marketplace by donkey or hand-cart. In Marrakesh , the main produce markets are also to be found in the medina and a colourful market
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3104-909: The Arsi zone , Bahir Dar and Bure in the Gojjam zone, Dessie and Kombolcha in the Wollo zone, Mekele in the Tigray region , Dire Dawa and Harar in the Oromia region , and Addis Ababa. Some of the major retail markets in Ethiopia include: Addis Mercato in Addis Ababa, the largest open air market in the country; Gulalle and Galan, both in Addis Ababa; Awasa Lake Fish Market in Awasa, the Saturday market Harar , and
3201-532: The Delhi Town Hall in 1863. The term Chandni Chowk previously referred only to the square that hosted the reflecting pool. Today, the entirety of the stretch that runs spans the middle of the walled city, from Lahori Gate of the Red Fort to the Fatehpuri Masjid , is known as Chandni Chowk. The road was subsequently trifurcated into the following bazaars : While the contemporary market
3298-669: The East Indian Railway Company realigned the tracks to run along the Yamuna River, completing the new route in 1924. The station underwent remodelling in 1934–35, during which its platforms were extended, and power signals were introduced. In the 1990s, a new entrance was added on the Kashmere Gate side, and additional platforms were constructed. The platforms were renumbered in September 2011, with
3395-572: The European West and the East or Orient ; us and the other . Europeans often saw Orientals as the photographic negative of Western civilisation; the peoples could be threatening – they were "despotic, static and irrational whereas Europe was viewed as democratic, dynamic and rational". At the same time, the Orient was seen as exotic, mysterious, a place of fables and beauty. This fascination with
3492-592: The Middle East - respectively extending to Northern Africa - as regards to numerous areas from retail towards resources, with trade amongst merchants commonplace, likewise with bartering amongst participants. They are often described as economic and cultural hubs within cities across the Islamic world , and are generally the most bustling areas within urban localities. Given such dense activity, bazaars became an attraction for foreigners in exchanging resources, such as spices , textiles , labour , et cetera, drawing
3589-676: The Old Delhi railway station , the Mughal-era Red Fort is located at the eastern fringes of Chandni Chowk. It was built in 1650 by the Mughal Emperor , Shah Jahan , and designed by his daughter, Jahanara . The street spanning the market was historically divided by canals, engineered to reflect moonlight. These canals have since been closed, leaving behind a transformed urban landscape. It remains one of India's largest wholesale markets . The market's history dates to
3686-490: The Rajputana State Railway laid a metre-gauge track connecting Delhi to Rewari and further to Ajmer , with metre-gauge train services from the station commencing in 1876. The current building of Delhi Junction railway station was constructed in 1900 and opened to the public in 1903. Initially operating with just two platforms and serving around 1,000 passengers, the station has grown significantly over
3783-630: The Yamuna River . The Delhi–Panipat–Ambala Cantonment–Kalka Railway extended northwards from Delhi, while the Rajputana–Malwa Railway passed through the Delhi district briefly on its way toward Gurgaon and Rewari Junction. Old Delhi railway station was constructed using red stone to harmonise with the historic Mughal-era Red Fort located nearby. The original station building featured six clock towers, of which Tower 4 remains in use today as
3880-538: The caravanserai typically situated just outside the city walls. However, when the marketplace began to become integrated into city structures, it was transformed into a covered area where traders could buy and sell with some protection from the elements. Markets at Mecca and Medina were known to be significant trade centres in the 3rd century (CE) and the nomadic communities were highly dependent on them for both trade and social interactions. The Grand Bazaar in Istanbul
3977-421: The peddlers , street vendors , street food and bazaars . Chandni Chowk's speciality is its variety and authenticity: food, delicacies and sweets of more than 1,000 kinds, sarees with chikan and zari . Narrow lanes host shops that sell books, clothing, electronics, consumer goods, shoes and leather goods. It is the location of the original Haldiram 's and brands such as Giani's. A particular local delicacy
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4074-586: The "Belly of Paris", and was so named by author, Émile Zola in his novel Le Ventre de Paris , which is set in the busy 19th century marketplace of central Paris. Les Halles, a complex of market pavilions in Paris, features extensively in both literature and painting. Giuseppe Canella (1788 - 1847) painted Les Halles et la rue de la Tonnellerie. Photographer, Henri Lemoine (1848–1924), also photographed Les Halles de Paris. Markets have been known in parts of Africa for centuries. An 18th century commentator noted
4171-524: The 12th century. A pattern of market trading using mobile stalls under covered arcades was probably established in Italy with the open loggias of Mercato Nuovo (1547) designed and constructed by Giovanni Battista del Tasso (and funded by the Medici family ); Mercato Vecchio , Florence, designed by Giorgio Vasari (1567); and Loggia del Grano (1619) by Giulio Parigi . Braudel and Reynold have made
4268-535: The European age of discovery, goods were imported from afar – calico cloth from India, porcelain, silk and tea from China, spices from India and South-East Asia and tobacco, sugar, rum and coffee from the New World. Across the boroughs of England, a network of chartered markets sprang up between the 12th and 16th centuries, giving consumers reasonable choice in the markets they preferred to patronise. A study on
4365-525: The Middle Ages, the physical market was characterised by transactional exchange. Shops had higher overhead costs, but were able to offer regular trading hours and a relationship with customers and may have offered added value services, such as credit terms to reliable customers. The economy was primarily characterised by local trading in which goods were traded across relatively short distances. Beach markets, which were known in north-western Europe, during
4462-474: The Middle East, documentary sources suggest that a form of bazaar first developed around 3000 BCE. Early bazaars occupied a series of alleys along the length of the city, typically stretching from one city gate to a different gate on the other side of the city. The bazaar at Tabriz, for example, stretches along kilometers of street and is the longest vaulted bazaar in the world. Moosavi argues that
4559-765: The Middle Eastern bazaar evolved in a linear pattern, whereas the market places of the West were more centralised. The Greek historian Herodotus noted that in Egypt, roles were reversed compared with other cultures, and Egyptian women frequented the market and carried on trade, while the men remained at home weaving cloth. He also described the Babylonian marriage market, an account that inspired an 1875 painting by Edwin Long . In antiquity, markets were typically situated in
4656-522: The Roman world, the central market primarily served the local peasantry. Market stall holders were primarily local primary producers who sold small surpluses from their individual farming activities and also artisans who sold leather goods, metalware and pottery. Consumers were made up of several different groups; farmers who purchased minor farm equipment and a few luxuries for their homes and urban dwellers who purchased basic necessities. Major producers such as
4753-568: The Saturday market in Axum . Ghanaian markets have survived in spite of sometimes brutal measures to eradicate them. In the late 1970s, the Ghanaian government used market traders as a scapegoat for its own policy failures which involved food shortages and high inflation. The government blamed traders for failing to observe pricing guidelines and vilified "women merchants". In 1979, the Makola market
4850-537: The Tang Dynasty, a metal market was known. Outside the city walls were sheep and horse markets. Marco Polo 's account of 13th century markets specifically mentions a silk market. He was also impressed by the size of markets. According to his account, the ten markets of Hangzhou , primarily a fish market, attracted 40,000 to 50,000 patrons on each of its three trading days each week. In China, negative attitudes towards mercantile activity developed; merchants were
4947-592: The Viking period, were primarily associated with the sale of fish. From around the 11th century, the number and variety of imported goods sold at beach markets began to increase. giving consumers access to a broader range of exotic and luxury goods. Throughout the Medieval period, markets became more international. The historian, Braudel, reports that in 1600, grain moved just 5–10 miles; cattle 40–70 miles; wool and wollen cloth 20–40 miles. However, following
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#17327880534025044-602: The agora. At the agora in Athens, officials were employed by the government to oversee weights, measures, and coinage to ensure that the people were not cheated in market place transactions. The rocky and mountainous terrain in Greece made it difficult for producers to transport goods or surpluses to local markets, giving rise to the kapēlos , a specialised type of retailer who operated as an intermediary purchasing produce from farmers and transporting it over short distances to
5141-540: The attention of Arabs, Turks , Greeks , Persians , Jews as well as Indians , not to mention Westerners since the late-16th to early-17th centuries. In the modern era, bazaars remain a vital economic hub in numerous Arab nations. In Mesoamerica, a tiered system of traders developed independently. Extensive trade networks predated the Aztec empire by at least hundreds of years. Local markets where people purchased their daily necessities were known as tianguis , while
5238-477: The auspices of the Government of Delhi , is the agency entrusted with this ambitious task. The redevelopment plan includes the incorporation of walkways to render the area more pedestrian-friendly. No motorized traffic will be allowed to ply on Chandni Chowk from Red Fort to Fatehpuri Masjid during daylight hours. Certain streets will be barricaded. The redevelopment plan was supposed to have been completed before
5335-545: The city markets. In ancient Rome , trade took place in the forum . Rome had two forums: the Forum Romanum and Trajan's Forum . Trajan's Market at Trajan's forum, built around 100–110 CE, was a vast expanse, comprising multiple buildings with shops on four levels. The Roman forum was arguably the earliest example of a permanent retail shopfront. In antiquity, exchange involved direct selling via merchants or peddlers and bartering systems were commonplace. In
5432-483: The conditions necessary for the emergence of a bazaar. Middle Eastern bazaars were typically long strips with stalls on either side and a covered roof designed to protect traders and purchasers from the fierce sun. In Europe, informal, unregulated markets gradually made way for a system of formal, chartered markets from the 12th century. Throughout the medieval period , increased regulation of marketplace practices, especially weights and measures, gave consumers confidence in
5529-508: The edges of Yucatecan canoe trade such as Xicalanco and Ulua . The Spanish conquerors commented on the impressive nature of the local markets in the 15th century. The Mexica ( Aztec ) market of Tlatelolco was the largest in all the Americas and said to be superior to those in Europe. There are many different ways to classify markets. One way is to consider the nature of the buyer and
5626-668: The evening market. The marketplace also became the place were executions were carried out, rewards were published and decrees were read out. During the Qin empire and the Han dynasty which followed it, markets were enclosed with walls and gates and strictly separated from residential areas. Vendors were arranged according to the type of commodity offered, and markets were strictly regulated with departments responsible for security, weights and measures, price-fixing, and certificates. Over time, specialised markets began to emerge. In Luoyang, during
5723-822: The fish from where it is immediately preserved using traditional methods and prepared for distribution to other West African countries; The Woodcarvers Market in Brikama which boasts the largest concentration of woodcarvers in the country; the Pottery Market in Basse Santa ; the Atlantic Road Craft Market at Bakau and the Senegambia Craft Market at Bakau. Produce markets in Asia are undergoing major changes as supermarkets enter
5820-563: The founding of the capital city of Shahjahanabad when Emperor Shah Jahan established the Red Fort on the banks of the Yamuna River , hemming his new capital. The original Chandni Chowk, half-moon-shaped square, was situated before the Townhall ; its reflection used to shimmer in the moonlit water pool located at the front. A shallow water channel, whose source was the Yamuna , ran through
5917-417: The great estates were sufficiently attractive for merchants to call directly at their farm gates, obviating the producers' need to attend local markets. The very wealthy landowners managed their own distribution, which may have involved importing and exporting. The nature of export markets in antiquity is well documented in ancient sources and archaeological case studies. At Pompeii , multiple markets served
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#17327880534026014-479: The growth of the town. The Domesday Book of 1086 lists 50 markets in England; however, many historians believe this figure underestimates the actual number of markets in operation at the time. In England, some 2,000 new markets were established between 1200 and 1349. By 1516, England had some 2,464 markets and 2,767 fairs, while Wales had 138 markets and 166 fairs. From the 12th century, English monarchs awarded
6111-478: The inauguration of the 2010 Commonwealth Games , but got delayed. The plan also envisions parking space for 1500 cars. As a part of the redevelopment, the construction of a multilevel parking-cum-commercial complex is underway at Gandhi Maidan in Chandni Chowk. This multilevel parking-cum-commercial complex, an eight-story building with three basements spanning 18,524 square meters, is being developed at
6208-759: The larger towns. Notable markets include: the Serekunda Market in Gambia's largest city, Serekunda , which opens from early morning to late at night 7 days a week and trades in produce, live animals, clothing, accessories, jewellery, crafts, second hand goods and souvenirs; The Albert Market in the capital, Banjul , which sells fresh produce, colourful, locally designed fabrics, musical instruments, carved wooden masks and other local products. Other interesting markets include: Bakau Fish Market in Bakau ; Tanji Fish Market, Tanji, where brightly painted fishing boats bring in
6305-614: The local level. The Charter of Worcester, written between 884 and 901 provided for fines for dishonest trading, amongst other things. Such local regulations were codified in 13th century England in what became known as the Statute of Winchester . This document outlined the assizes for 16 different trades, most of which were associated with markets – miller, baker, fisher, brewer, inn-keeper, tallow-chandler, weaver, cordwainer, etc. For each trade, regulations covered such issues as fraud, prices, quality, weights, and measures and so on. The assize
6402-427: The lowest class of society. High officials carefully distanced themselves from merchant classes. In 627, an edict prohibited those of rank five or higher from entering markets. One anecdote from the time of Empress Wu relates the tale of a fourth rank official who missed out on the opportunity for promotion after he was seen purchasing a steamed pancake from a market. Since circa 3000 BCE, bazaars have dominated
6499-665: The many markets he visited in West Africa . He provided a detailed description of market activities at Sabi, in the Wydah (now the part of the Republic of Benin): Their fairs and markets are regulated with so much care and prudence, that nothing contrary to law is ever committed. All sorts of merchandise here are collected, and those who have brought goods are permitted to take what time they please to dispose of them, but without fraud or noise. A judge, attended by four officers armed,
6596-454: The market's importance to community life and trade. Markets were also important centres of social life. In early Western Europe, markets developed close to monasteries, castles or royal residences. Priories and aristocratic manorial households created considerable demand for goods and services, both luxuries and necessities, and also afforded some protection to merchants and traders. These centres of trade attracted sellers which would stimulate
6693-461: The market's place within the distribution system. This leads to two broad classes of market, namely retail market or wholesale markets . The economist, Alfred Marshall classified markets according to time period. In this classification, there are three types of market; the very short period market where the supply of a commodity remains fixed. Perishables, such as fruit, vegetables, meat, and fish fall into this group since goods must be sold within
6790-423: The markets. Some of these early markets have been the subject of archaeological surveys. For instance, the market at Yong, the capital of the Qi state, measured 3,000 square metres and was an outdoor market. According to the Rites of Zhou , markets were highly organized and served different groups at different times of day; merchants at the morning market, every day people at the afternoon market and peddlers at
6887-443: The middle of the straight street now referred to as the Chandni Chowk bazaar, with roads and shops on either side of the channel. This road had three bazaars. Chandni Chowk ("moonlight square") and its three bazaars were designed and established by Princess Jahanara Begum , Shah Jahan 's favourite daughter, in 1650. Originally consisting of 1,560 shops, the bazaar was 40 yards wide and 1,520 yards long. The bazaar, fashion to resemble
6984-409: The moniker Silver Street —a name rooted in its Hindi counterpart, wherein silver is called Chandi . The term Chandni , which is closely derived from Chandi , further emphasizes the cultural and linguistic connection to the bazaar's identity. The pool at the square was replaced by a clock tower ( Ghantaghar ) in the 1870s. The centre of the market is still referred to as Ghantaghar. Chandni Chowk
7081-551: The nearby Red Fort , was constructed by the imperial British government and opened in 1903. Preceding the New Delhi railway station by about 60 years, Delhi Junction has remained a significant hub in India’s railway network. The Chandni Chowk station of the Delhi Metro network is situated nearby, providing seamless connectivity to the city. The station began operations in 1864 with a broad-gauge train from Calcutta. In 1873,
7178-587: The nearest Delhi Metro station, Chandni Chowk , are now within the Delhi Junction compound, thanks to the construction of an underground walkway. This eliminates the need to navigate 500 meters of crowded roads and lanes to reach the Metro station. Railway lines from five routes converge at Delhi Junction: Chandni Chowk The Chandni Chowk (meaning Moonlight Square ) is one of the oldest and busiest markets in Old Delhi , India. Located close to
7275-499: The neighbouring counties come in to the fair every morning, with beef, mutton, fowls, bread, cheese, eggs, and such things; and go with them from tent to tent and from door to door, that there is no want of provision of any kind, either dress'd or undress'd." In the Asia Minor, prior to the 10th century, market places were situated on the perimeter of the city. Along established trade routes, markets were most often associated with
7372-521: The north of the country, but that was largely unsuccessful and most commercial buyers travel to Johannesburg or Tshwane for supplies. Ethiopia is a major producer and exporter of grains and a number of wholesale markets assist with the distribution and export of such products. Important wholesale markets include: Nekemte in the East Welega zone , Jimma in the Jimma zone , Assela and Sagure in
7469-399: The other gave rise to a genre of painting known as Orientalism . Artists focussed on the exotic beauty of the land – the markets and bazaars, caravans and snake charmers. Islamic architecture also became favourite subject matter, and the high vaulted market places features in numerous paintings and sketches. Individual markets have also attracted literary attention. Les Halles was known as
7566-464: The population of approximately 12,000. Produce markets were located in the vicinity of the Forum, while livestock markets were situated on the city's perimeter, near the amphitheatre. A long narrow building at the north-west corner of the Forum was some type of market, possibly a cereal market. On the opposite corner stood the macellum , thought to have been a meat and fish market. Market stall-holders paid
7663-536: The purchasing habits of the monks and other individuals in medieval England suggests that consumers of the period were relatively discerning. Purchase decisions were based on purchase criteria such as the consumer's perceptions of the range, quality, and price of goods. Such considerations informed decisions about where to make purchases and which markets to patronise. As the number of charters granted increased, competition between market towns also increased. In response to competitive pressures, towns invested in developing
7760-446: The quality of market goods and the fairness of prices. Around the globe, markets have evolved in different ways depending on local ambient conditions, especially weather, tradition, and culture. In the Middle East, markets tend to be covered, to protect traders and shoppers from the sun. In milder climates, markets are often open air. In Asia , a system of morning markets trading in fresh produce and night markets trading in non-perishables
7857-466: The sequence starting from the main entrance as Platform 1 and ending at Platform 16 near the Kashmere Gate entrance. Some platforms were merged to form longer platforms capable of accommodating 24-coach trains. The station building underwent another bout of renovation in 2012–13. Delhi Junction previously handled both broad-gauge and metre-gauge trains. However, since 1994, it has been exclusively
7954-572: The street below), phatak (door, usually to a katra or street which could be locked at night), mahal (a palace, as in Taj Mahal), kamra (a room), kuan is waterwell, etc. Delhi's most famous mosque, Jama Masjid , built-in 1650 in the vicinity, is near other religious shrines, belonging to multiple religions. Starting from the Red Fort, the buildings include: On both sides of the wide Chandni Chowk are historical residential areas served by narrow lanes ( gali ), several of which are teeming with
8051-581: The sun, palm wine and fruit, form the must luxurious entertainments, and stand continually for sale in the streets. In Botswana , the sale of agricultural produce to the formal market is largely controlled by large corporations. Most small, local farmers sell their produce to the informal market, local communities and street vendors. The main wholesale market is the Horticultural market in Gaborone . The government made some attempts to build markets in
8148-535: The supply chain, traditional hawkers and produce markets have shown remarkable resilience. The main markets in Johannesburg are: Jozi Real Food Market, Bryanston Organic Market, Pretoria Boeremark specialising in South African delicacies, Hazel Food Market, Panorama Flea Market, Rosebank Sunday Market, Market on Main (a periodic arts market), and neighbourhood markets. The " Gambia is Good" initiative
8245-482: The town or village centre. Scholars, however, question the reliability of traditional narratives unless backed by archaeological evidence. The earliest written references to markets dates to the time of Qi Huanggong (ruled 685 to 643 BCE). Qi's Prime Minister, the great reformer, Guan Zhong , divided the capital into 21 districts ( xiang ) of which three were dedicated to farmers, three to hand-workers and three to businessmen, who were instructed to settle near
8342-476: The town's centre. The market was surrounded by alleyways inhabited by skilled artisans, such as metal workers, leather workers, and carpenters. These artisans may have sold wares directly from their premises, but also prepared goods for sale on market days. Across ancient Greece , market places were to be found in most city states, where they operated within the agora (open space). Between 550 and 350 BCE, Greek stallholders clustered together according to
8439-444: The type of goods carried – fish-sellers were in one place, clothing in another, and sellers of more expensive goods such as perfumes, bottles, and jars were located in a separate building. The Greeks organised trade into separate zones, all located near the city centre and known as stoa . A freestanding colonnade with a covered walkway, the stoa was both a place of commerce and a public promenade, situated within or adjacent to
8536-400: The types of goods, their quality and their region of origin. In this way, markets helped to provide an early form of product branding. Gradually, certain market towns earned a reputation for providing quality produce. Today, traders and showmen jealously guard the reputation of these historic chartered markets. The 18th century commentator Daniel Defoe visited Sturbridge fair in 1723 and wrote
8633-467: The years. It now handles over 350,000 passengers daily, with approximately 250 trains starting, ending, or passing through it every day. In 1904, the Agra–Delhi railway line was inaugurated, establishing Delhi as a critical railway hub connected by six railway systems. The East Indian Railway , North-Western State Railway , and Oudh and Rohilkhand Railway made headways into Delhi from Ghaziabad, crossing
8730-555: Was " Ic wille þæt markete beo in þe selue tun ", meaning "I desire that there be a market in the same town". Markets have existed since ancient times. Some historians have argued that a type of market has existed since humans first began to engage in trade. Open air and public markets were known in ancient Babylonia, Assyria, Phoenicia , the Land of Israel, Greece, Egypt, and the Arabian peninsula. However, not all societies developed
8827-609: Was a formal codification of prior informal codes which had been practised for many years. The courts of assize were granted the power to enforce these regulations. The process of standardizing quality, prices and measures assisted markets to gain the confidence of buyers and made them more attractive to the public. A sixteenth century commentator, John Leland , described particular markets as "celebrate", "very good", "quik", and conversely as "poore", "meane", and "of no price". Over time, some products became associated with particular places, providing customers with valuable information about
8924-473: Was dynamited and bulldozed, but within a week the traders were back selling fruit, vegetables and fish, albeit without a roof over their head. Kenya 's capital, Nairobi , has several major markets. Wakulima market is one of the region's largest markets, situated on Haile Selassie Avenue in Nairobi. Other markets in Nairobi are: Kariakor Market, Gikomba Market, and Muthurwa Market. In Mombasa, Kongowea market
9021-462: Was established in 2004 with a view to encouraging a market for locally grown fresh produce rather than imported ones. The plan was designed to "stimulate local livelihoods, inspire entrepreneurship and reduce the environmental and social cost of imported produce". A great deal of the produce trade is carried out informally on street corners and many shops are little more than market booths. However, dedicated open air and covered markets can be found in
9118-441: Was in part due to the changing nature of the market system at that time. The public began to distinguish between two types of merchant, the meerseniers which referred to local merchants including bakers, grocers, sellers of dairy products and stall-holders, and the koopman , which described a new, emergent class of trader who dealt in goods or credit on a large scale. With the rise of a European merchant class, this distinction
9215-490: Was known for producing fine woollen cloth, the town of Worsted became synonymous with a type of yarn; Banbury and Essex were strongly associated with cheeses. In the market economy, goods are ungraded and unbranded, so that consumers have relatively few opportunities to evaluate quality prior to consumption. Consequently, supervision of weights, measures, food quality, and prices was a key consideration. In medieval society, regulations for such matters appeared initially at
9312-491: Was necessary to separate the daily trade that the general population understood from the rising ranks of traders who operated on a world stage and were seen as quite distant from everyday experience. During the 17th and 18th centuries, as Europeans conquered parts of North Africa and the Levant, European artists began to visit the Orient and painted scenes of everyday life. Europeans sharply divided peoples into two broad groups –
9409-554: Was once the grandest Indian market. Chandni Chowk was a significant route for Mughal imperial processions, hosting the grand displays of emperors and their entourages, highlighting its importance in the empire's cultural and architectural heritage. The tradition of grand processions through Chandni Chowk continued during the Delhi Durbar of 1903. Meanwhile, the British contributed to the area's architectural heritage by constructing
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