Lesson 3

Task 1. Study the etymology of the word “MARKET”.

Etymology:	MARKET
from Latin via Anglo-Norman French to Middle English
Latin merx (wares, merchandise) → Latin mercari (to trade, deal in, buy) → Latin mercatus (trading, trade, market) → Old French marchiet → French marché (market)
Traced back to c. 1154 when it was used as “a meeting at a fixed time for buying and selling livestock and provisions”; Meaning “public building or space where markets are held” first attested c.1250. Sense of “sales, as controlled by supply and demand” is from 1689. The verb “to market” dates back to 1635, when its was formed from the noun.

Task 2. a) The word “MARKET” has a wide range of meanings:

b) Which meaning of the word is revealed in the following sentences?

1. Wednesday is market day.

2. There is no longer a market for tin.

3. France is the main market for our goods.

4. It’s one of the best laptops on the market.

5. We buy our vegetables at (in) the market.

6. Power supply cannot be left to the market.

7. The hardware market is severely depressed.

8. They hope to break into the teenage market.

9. We’re going to put our house on the market.

10. Our product is aimed at the corporate market.

11. Retailers have created a market for organic food.

12. There used to be many street markets in our city.

13. We produce this version for the Japanese market.

14. The world market in coffee is quickly developing.

15. The EU has become Chile’s largest export market.

16. There will be a huge market for our digital systems.

17. They are too slow in getting their products to market.

18. They’re looking to increase their share of the market.

19. The retailer is planning to come to market next week.

20. There hase been a slump in the global market for PCs.

21. The Internet is opening up new markets for companies.

22. The market will decide if the TV station has any future.

23. There is a local mini-market only a short distance away.

24. Most people are not in the market for this kind of product.

25. The traders take their flowers to market early in the morning.

26. Changes in the weather affect the market in fruit and vegetables.

27. The company performed well despite difficult market conditions.

28. They are preparing to launch a mobile phone onto the UK market.

29. Japanese carmakers are coming to the market with more efficient engines.

30. Trading has been slow on the New York and Tokyo markets this morning.

31. Some very attractive properties will be coming onto the market next month.

32. A crowded market is a situation where there are lots of competing products.

33. A market is a public building or place where people sell goods on tables called stalls.

Task 3. a) Use the word stem and flexions below for word formation.