
Market town
A market town is a small to medium-sized settlement historically designated as a center for local commerce, where regular markets are held. These towns developed in areas where traders and farmers could gather to buy and sell goods, fostering community and economic activity. Unlike larger cities, market towns generally serve surrounding rural areas, providing essential services and trade opportunities. Today, they often retain historic markets or market squares, and continue to function as local hubs for shopping, events, and community life, balancing tradition with modern amenities.