Nama: Fazli Ruby

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Traditional Market and Modern Market

Market is a meeting place for sellers and buyers with a bargaining process. Most of the
economic’s processes are supported by a buying and selling process, and this occurs in
traditional markets. However, at the present time, traditional markets are often in the process
of buying and selling, which tends to decrease when compared to the period when modern
markets or supermarkets and minimarkets had not yet opened, which tended to kill the
economic processes of traditional markets. A traditional market is a market that is managed in
a simple manner with a traditional physical form that implements a direct bargaining
transaction system where its main function is to serve the needs of the community, both in
villages, sub-districts and others. Prices in this traditional market are uncertain, therefore
bargaining can be done. When viewed from the level of comfort, Traditional Markets have
tended to be slums with locations that are not neatly arranged. While the Modern market
generally has measurable inventory in warehouses. In terms of price, the Modern Market has a
definite price tag, the Modern Market also provides good service with cool air conditioning, a
comfortable and clean atmosphere, easy-to-reach and relatively complete display of category
goods. Both traditional and modern market have a significant impact on economic
development in society.