10/11/2023 0 Comments Export import merchantTwo different terms, for a merchant, began to be used, meerseniers referred to local merchants including bakers, grocers, sellers of dairy products and stall-holders, while the alternate term, koopman, referred to those who traded in goods or credit on a large scale. The Dutch term, koopman, became rather more fluid during the 16th century when Antwerp was the most global market town in Europe. The term refers to any type of reseller, but can also be used with a specific qualifier to suggest a person who deals in a given characteristic such as speed merchant, which refer to someone who enjoys fast driving noise merchant, which refers to a group of musical performers and dream merchant, which refers to someone who peddles idealistic visionary scenarios.Įlizabeth Honig has argued that concepts relating to the role of a merchant began to change in the mid-16th century. The English term, merchant comes from the Middle English, marchant, which is derived from Anglo-Norman marchaunt, which itself originated from the Vulgar Latin mercatant or mercatans, formed from present participle of mercatare ('to trade, to traffic or to deal in'). By the eighteenth century, a new type of manufacturer-merchant had started to emerge and modern business practices were becoming evident.Įtymology and usage Costumes of merchants from Brabant and Antwerp, engraving by Abraham de Bruyn, 1577 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. From the 1600s, goods began to travel much further distances as they found their way into geographically dispersed market-places. The European age of discovery opened up new trading routes and gave European consumers access to a much broader range of goods. During the European medieval period, a rapid expansion in trade and commerce led to the rise of a wealthy and powerful merchant class. Merchants and merchant networks operated in ancient Babylonia and Assyria, China, Egypt, Greece, India, Persia, Phoenicia, and Rome. Merchants have been known for as long as humans have engaged in trade and commerce. 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.Ī scale or balance is often used to symbolise a merchant The status of the merchant has varied during different periods of history and among different societies. 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. Merchants have operated for as long as industry, commerce, and trade have existed. Historically, a merchant is anyone who is involved in business or trade. Businessperson who trades in commodities that were produced by others Merchants from Holland and the Middle East trading.Ī merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |