bazar vs market place

bazar and market place both are nouns.

Word	Noun	Adjective	Verb	Adverb
bazar	Yes	No	No	No
market place	Yes	No	No	No

As nouns, market place is a hypernym of bazar; that is, market place is a word with a broader meaning than bazar:

bazar: a street of small shops (especially in Orient)
market place: an area in a town where a public mercantile establishment is set up

Other hypernyms of bazar include market, marketplace, mart.

bazar (noun)	market place (noun)
a shop where a variety of goods are sold	the world of commercial activity where goods and services are bought and sold
a street of small shops (especially in Orient)	an area in a town where a public mercantile establishment is set up