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Marketplace Glossary Europeans sharply divided peoples into two broad groups - the European West and sellbitz the East or Orient; us and the other. This fascination with 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. 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, as market squares, market halls and food halls, and their different varieties. Thus marketplaces can be both outdoors and indoors, and in the modern world, online marketplaces. Produce markets in Asia are undergoing major changes as supermarkets enter the retail scene and the growing middle classes acquire preferences for branded goods. Many supermarkets purchase directly from producers, supplanting the traditional role of both wholesale and retail markets. In order to survive, produce m