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A '''merchant''' is a form of the [[Petty bourgeoisie|petit bourgeoisie]] that deals in [[Commodity|trading goods]] and services purchased directly from [[Artisan|artisans]] or through the [[bourgeoisie]].<ref>{{Web citation|newspaper=Encyclopedia Britannica|url=https://www.britannica.com/dictionary/merchant|retrieved=2025-08-14}}</ref> Merchants were most common under late [[feudalism]] and early [[capitalism]], and have largely disappeared due to the rise of [[Imperialism|finance capital and imperialist capitalism]]. Merchants usually took one of two forms, either a "traveling" merchant, who would take goods along with them to sell in foreign markets, or "sedentary" merchants, who would set up shop in one or a few locations to concentrate on the local market, using intermediaries to deal with foreign markets.<ref>{{Web citation|author=Sophus Reinert, Robert Fredona|newspaper=Harvard Business School|title=Merchants and the Origins of Capitalism|url=https://www.hbs.edu/ris/Publication%20Files/18-021_b3b67ba8-2fc9-4a9b-8955-670d5f491939.pdf|retrieved=2025-08-14}}</ref> | |||
== References == | == References == | ||
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[[Category:Social class]] | |||
Latest revision as of 19:00, 24 December 2025
A merchant is a form of the petit bourgeoisie that deals in trading goods and services purchased directly from artisans or through the bourgeoisie.[1] Merchants were most common under late feudalism and early capitalism, and have largely disappeared due to the rise of finance capital and imperialist capitalism. Merchants usually took one of two forms, either a "traveling" merchant, who would take goods along with them to sell in foreign markets, or "sedentary" merchants, who would set up shop in one or a few locations to concentrate on the local market, using intermediaries to deal with foreign markets.[2]
References[edit | edit source]
- ↑ Encyclopedia Britannica. Retrieved 2025-08-14.
- ↑ Sophus Reinert, Robert Fredona. "Merchants and the Origins of Capitalism" Harvard Business School. Retrieved 2025-08-14.