시장
An area or arena in which commercial dealings are conducted. In IELTS, it often refers to global trade or economic environments.
Examples
3 of 5주말에 전통 시장에 갔다.
I went to a traditional market over the weekend.
시장 경제 원리를 이해하는 것이 필요하다.
It is necessary to understand the principles of a market economy.
시장에 먹을 게 많더라.
There was a lot to eat at the market.
Word Family
Memory Tip
Think of 'Si-jang' as 'Sea' of 'Goods'.
Quick Quiz
기업들은 새로운 ___을 찾기 위해 노력한다.
Correct!
The correct answer is: 시장
Examples
주말에 전통 시장에 갔다.
everydayI went to a traditional market over the weekend.
시장 경제 원리를 이해하는 것이 필요하다.
formalIt is necessary to understand the principles of a market economy.
시장에 먹을 게 많더라.
informalThere was a lot to eat at the market.
자유 시장 체제에서의 경쟁은 효율성을 높인다.
academicCompetition in a free market system increases efficiency.
시장 점유율을 높이기 위한 전략을 세웠다.
businessWe developed a strategy to increase market share.
Word Family
Common Collocations
Common Phrases
시장 경제
market economy
시장 가치
market value
벼룩 시장
flea market
Often Confused With
마트 is a specific store type (mart), while 시장 is a broader economic concept or a traditional marketplace.
Usage Notes
In an academic context, it refers to the abstraction of supply and demand, not just a physical place.
Common Mistakes
Do not confuse this with '시장' meaning 'Mayor'. Context usually makes it clear.
Memory Tip
Think of 'Si-jang' as 'Sea' of 'Goods'.
Word Origin
From Sino-Korean 市場 (city + place).
Grammar Patterns
Cultural Context
Traditional markets (전통 시장) are still very important in Korean culture alongside modern ones.
Quick Quiz
기업들은 새로운 ___을 찾기 위해 노력한다.
Correct!
The correct answer is: 시장
Related Grammar Rules
Related Vocabulary
More business words
전담하다
B1To take full and exclusive charge of a specific task or responsibility.
유치하다
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노동
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관행
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취업
B1The act of finding and starting a job, or the state of being employed.
협상
B1The formal discussion or negotiation between parties to reach an agreement, especially in business or politics.
성패
B1The outcome of an endeavor, considering both success and failure.
기업
B1A business organization or company that produces goods or provides services to make a profit. It is a central term for economic and professional topics.
전문적
B1Requiring or showing high skill, specialized knowledge, or training. It refers to something handled by an expert.
불투명하다
B1Not transparent or clear; used both for physical objects and abstract situations like the future or intentions.
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