Mercado Libertad, better known as Mercado San Juan de Dios (San Juan de Dios Market) is located in the city of Guadalajara, Jalisco, Mexico. It is the largest indoor market in Latin America with an area of 40,000 m (430,000 sq ft).
Mercado Libertad, better known as Mercado San Juan de Dios (San Juan de Dios Market) is located in the city of Guadalajara, Jalisco, Mexico. It is the largest indoor market in Latin America with an area of 40,000 m (430,000 sq ft).
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market.
Traders generally negotiate through a medium of credit or exchange, such as money. Though some economists characterize barter (i.e. trading things without the use of money) as an early form of trade, money was invented before written history began. Consequently, any story of how money first developed is mostly based on conjecture and logical inference. Letters of credit, paper money, and non-physical money have greatly simplified and promoted trade as buying can be separated from selling, or earning. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.
Guadalajara (/ˌɡwɑːdələˈhɑːrə/ GWAH-də-lə-HAR-ə, Spanish: [ɡwaðalaˈxaɾa] ) is the capital and the most populous city in the western Mexican state of Jalisco, as well as the most densely populated municipality in Jalisco. According to the 2020 census, the city has a population of 1,385,629 people, making it the 8th most populous city in Mexico, while the Guadalajara metropolitan area has a population of 5,268,642, making it the third-largest metropolitan area in the country and the twenty-second largest metropolitan area in the Americas. Guadalajara has the second-highest population density in Mexico with over 10,361 people per km, surpassed only by Mexico City. Within Mexico, Guadalajara is a center of business, arts and culture, technology and tourism; as well as the economic center of the Bajío region. It usually ranks among the 100 most productive and globally competitive cities in the world. It is home to numerous landmarks, including the Guadalajara Cathedral, Degollado Theatre, the Templo Expiatorio, the UNESCO World Heritage site Hospicio Cabañas, and the San Juan de Dios Market—the largest indoor market in Latin America.
A settlement was established in the region of Guadalajara in early 1532 by Cristóbal de Oñate, a Basque conquistador in the expedition of Nuño Beltrán de Guzmán. The settlement was renamed and moved several times before assuming the name Guadalajara after the birthplace of Guzmán and ending up at its current location in the Atemajac Valley in 1542. On November 8, 1539, the Holy Roman Emperor Charles V had granted a coat of arms and the title of city to the new town and established it as the capital of the Kingdom of Nueva Galicia, part of the Viceroyalty of New Spain. After 1572, the Royal Audiencia of Guadalajara, previously subordinate to Mexico City, became the only authority in New Spain with autonomy over Nueva Galicia, owing to rapidly growing wealth in the kingdom following the discovery of silver. By the 18th century, Guadalajara had taken its place as Mexico's second largest city, following mass colonial migrations in the 1720s and 1760s. During the Mexican War of Independence, independence leader Miguel Hidalgo y Costilla established Mexico's first revolutionary government in Guadalajara in 1810. The city flourished during the Porfiriato (1876–1911), with the advent of the Industrial Revolution, but its growth was hampered significantly during the Mexican Revolution (1910–1920). In 1929, the Cristero War ended within the confines of the city, when President Plutarco Elías Calles proclaimed the Grito de Guadalajara. The city saw continuous growth throughout the rest of the 20th century, attaining a metro population of 1 million in the 1960s and surpassing 3 million in the 1990s.
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market.
Traders generally negotiate through a medium of credit or exchange, such as money. Though some economists characterize barter (i.e. trading things without the use of money) as an early form of trade, money was invented before written history began. Letters of credit, paper money, and non-physical money have greatly simplified and promoted trade as buying can be separated from selling, or earning. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.