The Impact of Traditional Market

in a country's economy, there are important points that can build the country's economy. To build the
country's economy built a market. According to Maulida (2015) “The market can improve public finances
because with the existence of the market the process of consumption, production and distribution can
run well.” In Indonesia, the market has 2 types, traditional markets and modern markets. However, we
as Indonesian society cannot be separated from traditional markets because they exist in each region.
Indonesian society cannot be separated from the existence of these traditional markets. Every
community will surely visit traditional markets to conduct money transactions. The role of the middle to
lower classes does not escape the traditional market. Why the lower middle class? because in traditional
markets we can get what we want at cheap prices.The traditional market has two impacts. positive and
negative impacts on traditional market.

The positive impact of traditional markets is to increase the economy of a society. In running a
traditional market, there is no market monopoly activity. in traditional markets there is still a family, so
between traders and the community is mutually beneficial. In addition, the traditional market is also a
livelihood from the community down. some of the lower classes are trading in order to get an equal
income. besides that, the buyers in traditional markets, most people down because in the traditional
markets themselves are still implementing bargaining so that it benefits both parties. many regional
traders who are still dependent on traditional markets will result in increased economic income in the
area so that poverty is reduced in a country. According to Nurmiyanti (2019) “with the increasingly
crowded traditional markets, micro, small and medium business opportunities will increasingly
develop.”

If there are positive impacts, then there will also be negative impacts from the traditional markets. some
of the effects can be felt in this age of advanced. Many shortcomings are also caused by traditional
markets. for example a market that looks dirty and smelly so some people are reluctant to come to
traditional markets. According to Elisa (2017) “ the image of the shabby, chaotic, traditional market still
seems to be lingering.” People will prefer online shopping to see the progress of the internet at this time
or they prefer shopping to a modern market that is cleaner and neater. if this happens, it will cause the
income of the community to experience inequality that leads to poverty. in addition, sometimes in some
traditional markets there is a scarcity of a product because traders do not innovate in their merchandise.
it causes people will not come to traditional markets.

In conclusion, from the traditional markets themselves have their respective impacts that will affect the
economy of the country of Indonesia itself. in addition, traditional markets are also useful for the fields
to get the community's own income. if lost, many people's livelihoods will be lost. And also, the role of
the government is also very important to improve some traditional markets so that people will feel
comfortable coming to traditional markets.

Reference :
Maulida,S.(2015, June 16) Pasar Tradisional vs Pasar Modern. kompasiana.com . Retreived from
https://www.kompasiana.com/srimaulida/55800df0e022bdbc1d871a9e/pasar-tradisional-vs-pasar-
modern?page=all

Nurmayanti. (2019, March 11) Revitalisasi Pasar Dinilai Langkah Tepat Geliatkan Ekonomi Rakyat.
liputan6.com . Retreived from : https://m.liputan6.com/bisnis/read/3914433/revitalisasi-pasar-dinilai-
langkah-tepat-geliatkan-ekonomi-rakyat

Valentina,E. (2015, August 16) Ketika Pedagang Kecil Merasa Terjajah di Negeri Sendiri.
CNNIndonesia.com . Retreived from : https://m.cnnindonesia.com/ekonomi/20170814022700-92-
234458/ketika-pedagang-kecil-merasa-terjajah-di-negeri-sendiri