Bazaar Bazaar A bazaar is a permanently enclosed marketplace or street where goods and services are exchanged or sold. The term originates from the Persian word "bāzār". The term bazaar is sometimes also used to refer to the "network of merchants, bankers and craftsmen" who work in that area. Although the current meaning of the word is believed to have originated in Persia, its use has spread and now has been accepted into the vernacular in countries around the world. In Balinese, the word "pasar" means "market." The capital of Bali province, in Indonesia, is Denpasar, which means "north market." "Souq"
Grand Bazaar, Istanbul exclusively to commerce. At the beginning of the 17th century the Grand Bazaar had already achieved its final shape. The enormous extent of the Ottoman Empire in three continents, and the total control of road communications between Asia and Europe, rendered the Bazaar and the surrounding "han"s or caravanserais the hub of the Mediterranean trade. According to several European travellers, at that time, and until the first half of the 19th century, the market was unrivalled in Europe with regards to the abundance, variety and quality of the goods on sale. At that time we know from European travellers that