What's the difference between (いちば/しじょう) for 市場?

Question

Does it refer to two different types of markets? Thank you.

Answer 1

"いちば" is a real place, e.g.

• [魚市場]{うおいちば} (fish market)
• [青果市場]{せいかいちば} (fruit and vegetable market)
• etc.

"しじょう" is the abstraction, e.g.

• [国内市場]{こくないしじょう} (domestic market)
• [労働市場]{ろうどうしじょう} (labor market)
• [金融市場]{きんゆうしじょう} (financial market)
• etc.

Exceptions:

• [中央卸売市場]{ちゅうおうおろしうりしじょう} (central wholesale market)
• others (in the field of finance often "しじょう")