Is this both a local market and a more figurative economic market?
Marknad can refer to a trading place, an organized trading event, or a group of customers buying a product (like in English). En ekonomisk marknad would be a more specific way to say "an economic market."
En viktig marknad är julmarknaden! glögg och pepparkakor är jättegott :)
What's wrong with "an important fair"?
i agree that 'fair' is a good translation. many swedish marknader are temporary selling events, e.g., hästveda hästmarknad or markaryd marknad.
people lived in corona age will relate to this one....
Is it just me or does the d in marknad sound like an n?