How the life you of countryside people is effected by nerchants
Answers
Answer:
A merchant is a person who trades in commodities produced by other people. 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 ancient Rome and Greece merchants could become wealthy, but lacked high social status. In contrast, in the Middle East, where markets were an integral part of the city, merchants enjoyed high status. 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 utilizing a combination of human, financial, intellectual and physical capital with a view to fueling economic development and growth.
A scale or balance is often used to symbolise a merchant
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.
Answer:
Merchants supplied money to peasants and artisans, persuading them to produce for an international market.
Demand for goods increased since the European powers had acquired colonies and sold their goods in these colonies.
Merchants moved towards countryside due to following reasons:
i) In towns trade guilds were very powerful and dominant. They restricted the entry of new merchants into trade because it could harm their interest.
ii) At that time it was difficult for merchants to expand their products within towns.
iii) In countryside merchants could get easily cheap labourer and raw materials.