merchant
A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant is anyone who is involved in business or trade. Merchants have operated for as long as industry, commerce, and trade have existed. In 16th-century Europe, two different terms for merchants emerged: meerseniers referred to local traders (such as bakers and grocers) and koopman (Dutch: koopman) referred to merchants who operated on a global stage, importing and exporting goods over vast distances and offering added-value services such as credit and finance.
The status of the merchant has varied during different periods of history and among different societies. In modern times, the term merchant has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for the purpose of generating profit, cash flow, sales, and revenue using a combination of human, financial, intellectual and physical capital with a view to fueling economic development and growth.
Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated in ancient Babylonia and Assyria, China, Egypt, Greece, India, Persia, Phoenicia, and Rome. During the European medieval period, a rapid expansion in trade and commerce led to the rise of a wealthy and powerful merchant class. The European age of discovery opened up new trading routes and gave European consumers access to a much broader range of goods. From the 1600s, goods began to travel much further distances as they found their way into geographically dispersed market-places. Following the opening of Asia to European trade and the discovery of the New World, merchants imported goods over very long distances: calico cloth from India, porcelain, silk and tea from China, spices from India and South-East Asia and tobacco, sugar, rum and coffee from the New World. By the eighteenth century, a new type of manufacturer-merchant had started to emerge and modern business practices were becoming evident.
View More On Wikipedia.org
The status of the merchant has varied during different periods of history and among different societies. In modern times, the term merchant has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for the purpose of generating profit, cash flow, sales, and revenue using a combination of human, financial, intellectual and physical capital with a view to fueling economic development and growth.
Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated in ancient Babylonia and Assyria, China, Egypt, Greece, India, Persia, Phoenicia, and Rome. During the European medieval period, a rapid expansion in trade and commerce led to the rise of a wealthy and powerful merchant class. The European age of discovery opened up new trading routes and gave European consumers access to a much broader range of goods. From the 1600s, goods began to travel much further distances as they found their way into geographically dispersed market-places. Following the opening of Asia to European trade and the discovery of the New World, merchants imported goods over very long distances: calico cloth from India, porcelain, silk and tea from China, spices from India and South-East Asia and tobacco, sugar, rum and coffee from the New World. By the eighteenth century, a new type of manufacturer-merchant had started to emerge and modern business practices were becoming evident.
View More On Wikipedia.org
Creating content since 2001. Untold Media.
Newest Plumbing Threads
-
Cistern filling one third of the way
- Started by dwaindigital
- Replies: 2
-
Boiler losing pressure only on central heating- Started by SnosRap75
- Replies: 2
-
tanking. Is it ok to just seal everything with plastic.
- Started by Staggersandfalls
- Replies: 3
-
Pop quiz, does anyone recognise this radiator valve?
- Started by dimuc
- Replies: 3
-
SUsing coil to clear pipe leading to gutter
- Started by Sonya K
- Replies: 1
-
Replacing outdoor P-Trap Gully with Bottle Gully
- Started by DIwhYdidIstartThis
- Replies: 0
-
-
-
-
-
Mixer mixer shower, compatible with tanked supply
- Started by Matt0029
- Replies: 2
-
-
No Hot water, Fixed and Broken Again Ideal Logic 24
- Started by Filthbags
- Replies: 2
-
-
What's happening to this radiator, paint flaking off?
- Started by mikmikmikmik2024
- Replies: 3
