Question

When you sell goods for profit, you are called a ..................

Answer 1

you are called as a vendor

Answer 2

In an economy, a person or industry that sells goods to buyers with a definite focus on creating profit from the sale are called capitalists.

A capitalist in a market economy primarily focuses on earning a substantial profit through their business and will not indulge in any sale that does not earn them profits.

They would rather shut their business down than sell their products at a loss or break even price. Those who do not sell to earn profits are called socialists.