Farmers' market in the context of "Financial transaction"

⭐ In the context of financial transactions, a purchase at a farmers' market is most accurately categorized by what key characteristic?

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⭐ Core Definition: Farmers' market

A farmers' market (or farmers market according to the AP stylebook, also farmer's market in the Cambridge Dictionary) is a physical retail marketplace intended to sell foods directly by farmers to consumers. Farmers' markets may be indoors or outdoors and typically consist of booths, tables or stands where farmers sell their produce, live animals and plants, and sometimes prepared foods and beverages. Farmers' markets exist in many countries worldwide and reflect the local culture and economy. The size of the market may be just a few stalls or it may be as large as several city blocks. Due to their nature, they tend to be less rigidly regulated than retail produce shops.

They are distinguished from public markets, which are generally housed in permanent structures, open year-round, and offer a variety of non-farmer/non-producer vendors, packaged foods and non-food products.

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👉 Farmers' market in the context of Financial transaction

A financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment. Any transaction involves a change in the status of the finances of two or more businesses or individuals. A financial transaction always involves one or more financial asset, most commonly money or another valuable item such as gold or silver.

There are many types of financial transactions. The most common type, purchases, occur when a good, service, or other commodity is sold to a consumer in exchange for money. Most purchases are made with cash payments, including physical currency, debit cards, or cheques. The other main form of payment is credit, which gives immediate access to funds in exchange for repayment at a later date.

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Farmers' market in the context of Produce

In American English, produce generally refers to fresh fruits and vegetables intended to be eaten by humans, although other food products such as dairy products or nuts are sometimes included.

In supermarkets, the term is also used to refer to the section of the store where fruit and vegetables are kept. Produce is the main product sold by greengrocers (UK, Australia) and farmers' markets. The term is widely and commonly used in the U.S. and Canada, but is not typically used outside the agricultural sector in other English-speaking countries.

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Farmers' market in the context of Pike Place Market

Pike Place Market is a public market in Seattle, Washington, United States. It opened on August 17, 1907, and is one of the older continuously operated public farmers' markets in the United States. Overlooking the Elliott Bay waterfront on Puget Sound, it serves as a place of business for many small farmers, craftspeople and merchants. It is named for its central street, Pike Place, which runs northwest from Pike Street to Virginia Street on the western edge of Downtown Seattle. Pike Place Market is Seattle's most popular tourist destination, with more than 20 million annual visitors.

The Market is built on the edge of a steep hill and consists of several lower levels located below the main level. Each features a variety of unique shops such as antique dealers, comic book and collectible shops, small family-owned restaurants, and one of the oldest head shops in Seattle. The upper street level contains fishmongers, fresh produce stands and craft stalls operating in the covered arcades. Local farmers and craftspeople sell year-round in the arcades from tables they rent from the Market on a daily basis, in accordance with the Market's mission and founding goal: allowing consumers to "Meet the Producer".

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Farmers' market in the context of Local food

Local food is food that is produced within a short distance of where it is consumed, often accompanied by a social structure and supply chain different from the large-scale supermarket system.

Local food (or locavore) movements aim to connect food producers and consumers in the same geographic region, to develop more self-reliant and resilient food networks, improve local economies, or to affect the health, environment, community, or society of a particular place. The term has also been extended to include not only the geographic location of supplier and consumer but can also be "defined in terms of social and supply chain characteristics." For example, local food initiatives often promote sustainable and organic farming practices, although these are not explicitly related to the geographic proximity of producer and consumer.

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Farmers' market in the context of Market garden

A market garden is the relatively small-scale production of fruits, vegetables and flowers as cash crops, frequently sold directly to consumers and restaurants. The diversity of crops grown on a small area of land, typically from under 0.40 hectares (4,000 m; 1 acre) to some hectares (a few acres), or sometimes in greenhouses, distinguishes it from other types of farming. A market garden is sometimes called a truck farm in the US.

A market garden is a business that provides a wide range and steady supply of fresh produce through the local growing season. Unlike large, industrial farms, which practice monoculture and mechanization, many different crops and varieties are grown and more manual labour and gardening techniques are used. The small output requires selling through such local fresh produce outlets as on-farm stands, farmers' markets, community-supported agriculture subscriptions, restaurants and independent produce stores. Market gardening and orchard farming are closely related to horticulture, which concerns the growing of fruits and vegetables.

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Farmers' market in the context of Macellum

A macellum (pl.: macella; Greek: ÎŒÎŹÎșÎ”Î»Î»ÎżÎœ, makellon) is an ancient Roman indoor market building that sold mostly provisions (especially meat and fish). The building normally sat alongside the forum and basilica, providing a place in which a market could be held. Each macellum sold different kinds of produce, depending on local availability, but it was not uncommon to import these comestibles, especially at ports like Pompeii.

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Farmers' market in the context of Bord Bia

Bord Bia (English: Food Board) is an Irish semi state agency for the promotion of Irish food, drink, and horticulture in Ireland and abroad.

The agency works for small producers by promoting and certifying farmers' markets and for bigger producers by offering international marketing services.

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Farmers' market in the context of Wet market

A wet market (also called a public market or a traditional market) is a marketplace selling fresh foods, such as meat, fish, and produce, and other consumption-oriented perishable goods in a non-supermarket setting, as distinguished from "dry markets" that sell durable goods, such as fabrics, kitchenwares and electronics. These include a wide variety of markets, such as farmers' markets, fish markets, and wildlife markets. Not all wet markets sell live animals, but the term wet market is sometimes used to signify a live animal market in which vendors slaughter animals upon customer purchase, such as is done with poultry in Hong Kong. Wet markets are common in many parts of the world, notably in China, Southeast Asia, and South Asia. They often play critical roles in urban food security due to factors of pricing, freshness of food, social interaction, and local cultures. Despite their importance in local food systems and livelihoods, wet markets often lack essential food safety infrastructure, such as cold chains, standardized hygiene practices, regular inspection, and product traceability.

Most wet markets do not trade in wild or exotic animals, but some that do have been linked to outbreaks of zoonotic diseases including COVID-19, H5N1 avian flu, severe acute respiratory syndrome (SARS), and monkeypox. Several countries have banned wet markets from holding wildlife. Media reports that fail to distinguish between all wet markets and those with live animals or wildlife, as well as insinuations of fostering wildlife smuggling, have been blamed for fueling Sinophobia related to the COVID-19 pandemic.

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