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81-563: Leadenhall Market is a covered market in London, England, located on Gracechurch Street but with vehicular access also available via Whittington Avenue to the north and Lime Street to the south and east, and additional pedestrian access via a number of narrow passageways. It is one of the oldest markets in London, dating from the 14th century, and is located in the historic centre of the City of London financial district. The market dates from

162-496: 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

243-501: 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

324-481: A continuous retail frontage which is punctuated by narrow entrances to pedestrian ways into the market. Between 1990 and 1991 the market received a dramatic redecoration which improved its appearance, enhancing its architectural character and detail. The redecoration scheme received a special mention in the Civic Trust Awards in 1994. The market is a Grade II* listed building , being listed in 1972. It

405-408: 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

486-623: 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

567-434: 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

648-439: 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 a town's or nation's cultural assets. For these reasons, they are often popular tourist destinations. The term market comes from

729-405: 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

810-432: A meat, game and poultry market, it stands on what was the centre of Roman London . A number of commercial retailers are also located in the market, including clothes shops. The Lamb Tavern, dating from 1780, is a traditional gathering place for insurance industry workers, many of whom work at Lloyd's of London adjacent to Leadenhall Market. The ornate roof structure, painted green, maroon and cream, and cobbled floors of

891-766: 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

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972-520: 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

1053-400: 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

1134-639: A separate building. A modern market hall may also exist in the form of what is nominally a gourmet food hall or a public market , for example in Stockholm 's Östermalm Saluhall or Mexico City 's Mercado Roma . The terms "food hall" and "food court" must not be confused with each other. A food court means a place where the fast food chain outlets are located in a shopping mall. Unlike food courts made up of fast food chains, food halls typically mix local artisan restaurants, butcher shops and other food-oriented boutiques under one roof. The term "food hall" in

1215-649: 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

1296-402: 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 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

1377-625: 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

1458-417: 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

1539-560: Is a covered space or a building where food and other articles are sold from stalls by independent vendors. A market hall is a type of indoor market and is especially common in many European countries. A food hall , the most usual variation of a market hall, is "a large section of a department store, where food is sold" according to the Oxford English Dictionary . Market halls and food halls can also be unconnected to department stores and operate independently, often in

1620-553: 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

1701-659: 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

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1782-480: 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 ,

1863-573: 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

1944-456: 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

2025-415: 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

2106-909: 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

2187-572: 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

2268-651: 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

2349-538: 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

2430-652: The marathon course of the 2012 Olympic Games ; runners passed through the market from Whittington Avenue to Lime Street. Furthermore, it is featured in Mario Kart Tour and Mario Kart 8 Deluxe as part of the London Loop Course . Nearest public transit access: Monument or Bank on the Underground, Fenchurch Street or Cannon Street on the Overground. Market hall A market hall

2511-586: 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

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2592-524: 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

2673-511: The 14th century and is said to derive its name from Leather-hall , though it is disputable. The early history of Leaden Hall involves the Mayor (1446), Simon Eyre . According to John Stow , "Eyre, a draper built Leaden Hall for a common garner of corn for the use of this city". The Market is typically open weekdays from 10 am until 6 pm, and primarily sells fresh food; among the vendors there are cheesemongers, butchers and florists . Originally

2754-681: The British sense, meaning an equivalent of a market hall, is increasingly used in the United States. In some Asia-Pacific countries, "food hall" is equivalent to a North American "food court", or the terms are used interchangeably. This economics -related article is a stub . You can help Misplaced Pages by expanding it . Marketplaces#Types 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

2835-535: 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

2916-636: 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 was " Ic wille þæt markete beo in þe selue tun ", meaning "I desire that there be a market in

2997-473: 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

3078-525: 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

3159-474: 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

3240-407: 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 is common. Today, markets can also be accessed electronically or on the internet through e-commerce or matching platforms. In many countries, shopping at

3321-765: 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

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3402-522: 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

3483-568: 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

3564-537: 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

3645-592: 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

3726-602: 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

3807-540: 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

3888-545: 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

3969-408: The current structure, designed in 1881 by Sir Horace Jones (who was also the architect of Billingsgate and Smithfield Markets ), make Leadenhall Market a tourist attraction. The main entrance to the market is on Gracechurch Street. The double height entrance is flanked by tall, narrow gabled red brick and Portland stone blocks in a 17th-century Dutch style. The adjacent buildings to the south have

4050-508: 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

4131-668: 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

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4212-822: 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

4293-417: 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

4374-479: 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

4455-759: 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

4536-614: 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

4617-427: 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

4698-665: 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,

4779-454: 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

4860-461: 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

4941-522: 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

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5022-499: 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

5103-521: 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

5184-399: 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

5265-464: 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

5346-536: 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

5427-455: 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 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

5508-575: 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 a system of markets. The Greek historian Herodotus noted that markets did not evolve in ancient Persia. Across

5589-581: 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

5670-535: 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

5751-482: 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

5832-476: 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

5913-444: 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

5994-400: 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

6075-609: 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

6156-473: 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

6237-462: 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

6318-441: 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

6399-490: 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

6480-491: 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 –

6561-569: Was used to represent the area of London near the Leaky Cauldron and Diagon Alley in the film Harry Potter and the Philosopher's Stone (2001) and is featured in the films The Imaginarium of Doctor Parnassus (2009), Hereafter (2010), Brannigan (1975), Hidden City (1987) and Love Aaj Kal (2009). It was also used in the music video for the 1991 Erasure song " Love to Hate You ". Leadenhall Market formed part of

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