News tagged with merchants

A merchant is a businessperson who trades in commodities that were produced by others, in order to earn a profit.

Merchants can be one of two types:

A merchant class characterizes many pre-modern societies. Its status can range from high (the members even eventually achieving titles such as that of Merchant Prince or nabob) to low, as in Chinese culture, owing to the presumed distastefulness of profiting from "mere" trade rather than from labor or the labor of others as in agriculture and craftsmanship.

For more information about Merchant, read the full article at Wikipedia.
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