The Market
The market refers to a place where people buy and sell goods, especially food and everyday items. It can be a physical location, like a street market or supermarket, or a more general term referring to the economy or a specific area of commerce, such as the stock market.
Pronunciation: /ˈmɑːrkɪt/
Plural: markets
Examples in Context
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"I go to the market every Saturday to buy fresh vegetables."
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"There’s a new market downtown that sells organic products."
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"The stock market is very unstable these days."
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"Farmers bring their goods to the local market early in the morning."
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"The company is trying to enter the Asian market."
Practical Exercises
1. Fill in the blanks:
Use the word market in the correct form.
a. Sarah went to the ______ to buy some fruits and cheese.
b. The job ______ has changed a lot in recent years.
c. Every Sunday, there’s a flea ______ near the park.
d. The ______ price of apples is lower this season.
e. They want to open a new supermarket to compete in the local ______.
2. Match the types of markets with their descriptions:
| Market Type | Description |
|---|---|
| Flea Market | A. Where people buy and sell company shares |
| Stock Market | B. A small shop selling food and goods |
| Farmers’ Market | C. Where local farmers sell their produce |
| Supermarket | D. A place for second-hand or vintage items |
Answers:
1 – D
2 – A
3 – C
4 – B
3. Discussion Prompts (Speaking or Writing):
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Do you prefer shopping in a supermarket or a traditional market? Why?
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What are the advantages of shopping in a local market?
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Have you ever been to a flea market? What did you find there?
Before you go, answer this short reflection:
In your own words, what is a market? Name two different kinds of markets and explain what you can find there.
Feel free to drop your answer in the comments or bring it to our next class!