Why merchant is considered powerful?
Answers
Answer:
Merchants wielded enormous power in their cities. They belonged to guilds with strict admission criteria. Not just anyone could be a merchant. They held monopolies in trade and staged lavish parades where they greeted royalty as they entered the city. And, Edward IV’s beloved mistress Jane Shore was not the widowed daughter of a nobleman, but rather the daughter of a London merchant and one-time mayor, John Lambert.
Answer:
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.