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Merchant
A merchant is a person who trades in goods produced by other people, especially one who trades with foreign countries. Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated in ancient Babylonia, 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. By the 18th century, a new type of manufacturer-merchant had started to emerge and modern business practices were becoming evident. The status of the merchant has varied during different periods of history and among different societies. In modern times, the term ''merchant'' has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for ...
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Age Of Discovery
The Age of Discovery (), also known as the Age of Exploration, was part of the early modern period and overlapped with the Age of Sail. It was a period from approximately the 15th to the 17th century, during which Seamanship, seafarers from European countries explored, colonized, and conquered regions across the globe. The Age of Discovery was a transformative period when previously isolated parts of the world became connected to form the world-system, and laid the groundwork for globalization. The extensive overseas exploration, particularly the opening of maritime routes to the East Indies and European colonization of the Americas by the Spanish Empire, Spanish and Portuguese Empire, Portuguese, later joined by the British Empire, English, French colonial empire, French and Dutch empire, Dutch, spurred International trade, international global trade. The interconnected global economy of the 21st century has its origins in the expansion of trade networks during this era. T ...
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Merchant Services
Merchant services is a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or Near field communication, NFC/RFID enabled device. More generally, the term may include: * Credit card, Credit and debit cards payment processing * Check guarantee and check conversion services * Automated clearing house check drafting and payment services * Gift card and loyalty programs * Payment gateway * Payment orchestration * Merchant cash advances * Online transaction processing * Point of sale (POS) systems * Electronic benefit transfer programs, such as ration stamps (called ''food stamps'' in the U.S.). Merchant service providers work as an intermediary between the bank, a person or organisation wanting to receive funds and the person or organisation looking to pu ...
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Phoenicia
Phoenicians were an Ancient Semitic-speaking peoples, ancient Semitic group of people who lived in the Phoenician city-states along a coastal strip in the Levant region of the eastern Mediterranean, primarily modern Lebanon and the Syria, Syrian coast. They developed a Maritime history, maritime civilization which expanded and contracted throughout history, with the core of their culture stretching from Arwad in modern Syria to Mount Carmel. The Phoenicians extended their cultural influence through trade and colonization throughout the Mediterranean, from Cyprus to the Iberian Peninsula, evidenced by thousands of Canaanite and Aramaic inscriptions, Phoenician inscriptions. The Phoenicians directly succeeded the Bronze Age Canaanites, continuing their cultural traditions after the decline of most major Mediterranean basin cultures in the Late Bronze Age collapse and into the Iron Age without interruption. They called themselves Canaanites and referred to their land as Canaan, but ...
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Ancient China
The history of China spans several millennia across a wide geographical area. Each region now considered part of the Chinese world has experienced periods of unity, fracture, prosperity, and strife. Chinese civilization first emerged in the Yellow River valley, which along with the Yangtze River, Yangtze basin constitutes the geographic core of the Sinosphere, Chinese cultural sphere. China maintains a rich diversity of ethnic and linguistic people groups. The Chinese historiography, traditional lens for viewing Chinese history is the Dynasties of China, dynastic cycle: imperial dynasties rise and fall, and are ascribed certain achievements. This lens also tends to assume Chinese civilization can be traced as an unbroken thread Five thousand years of Chinese civilization, many thousands of years into the past, making it one of the Cradle of civilization, cradles of civilization. At various times, states representative of a dominant Chinese culture have directly controlled areas ...
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Merchant Class
The bourgeoisie ( , ) are a class of business owners, merchants and wealthy people, in general, which emerged in the Late Middle Ages, originally as a "middle class" between the peasantry and aristocracy. They are traditionally contrasted with the proletariat by their wealth, political power, and education, as well as their access to and control of cultural, social, and financial capital. The bourgeoisie in its original sense is intimately linked to the political ideology of liberalism and its existence within cities, recognised as such by their urban charters (e.g., municipal charters, town privileges, German town law), so there was no bourgeoisie apart from the citizenry of the cities. Rural peasants came under a different legal system. In communist philosophy, the bourgeoisie is the social class that came to own the means of production during modern industrialisation and whose societal concerns are the value of private property and the preservation of capital to ensure ...
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Medieval Period
In the history of Europe, the Middle Ages or medieval period lasted approximately from the 5th to the late 15th centuries, similarly to the post-classical period of World history (field), global history. It began with the fall of the Western Roman Empire and transitioned into the Renaissance and the Age of Discovery. The Middle Ages is the middle period of the three traditional divisions of Western history: classical antiquity, the medieval period, and the modern period. The medieval period is itself subdivided into the Early Middle Ages, Early, High Middle Ages, High, and Late Middle Ages. Population decline, counterurbanisation, the collapse of centralised authority, invasions, and mass migrations of tribes, which had begun in late antiquity, continued into the Early Middle Ages. The large-scale movements of the Migration Period, including various Germanic peoples, formed new kingdoms in what remained of the Western Roman Empire. In the 7th century, North Africa and the ...
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Peddler
A peddler (American English) or pedlar (British English) is a door-to-door and/or travelling vendor of good (economics), goods. In 19th-century United States the word "drummer" was often used to refer to a peddler or traveling salesman; as exemplified in the popular play ''Sam'l of Posen; or, The Commercial Drummer'' by George H. Jessop. In England, the term was mostly used for travellers hawker (trade), hawking goods in the countryside to small towns and villages. In London, more specific terms were used, such as costermonger. From antiquity, peddlers filled the gaps in the formal market economy by providing consumers with the convenience of door-to-door service. They operated alongside town markets and fairs where they often purchased surplus stocks which were subsequently resold to consumers. Peddlers were able to distribute goods to the more geographically-isolated communities such as those who lived in mountainous regions of Europe. They also called on consumers who, for w ...
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Agora
The agora (; , romanized: ', meaning "market" in Modern Greek) was a central public space in ancient Ancient Greece, Greek polis, city-states. The literal meaning of the word "agora" is "gathering place" or "assembly". The agora was the center of the athletic, artistic, business, social, spiritual, and political life in the city. The Ancient Agora of Athens is the best-known example. Origins Early in Greek history (10th–4th centuries BC), free-born citizens would gather in the agora for military duty or to hear statements of the ruling king or council. Later, the agora also served as a marketplace, where merchants kept stalls or shops to sell their goods amid Arcade (architecture), arcades. This attracted artisans who built workshops nearby. From these twin functions of the agora as a political and a commercial spot came the two Greek verbs , ''agorázō'', "I shop", and , ''agoreúō'', "I speak in public". Ancient Agora of Athens The Ancient Agora of Athens was situat ...
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Ancient India
Anatomically modern humans first arrived on the Indian subcontinent between 73,000 and 55,000 years ago. The earliest known human remains in South Asia date to 30,000 years ago. Sedentism, Sedentariness began in South Asia around 7000 BCE; by 4500 BCE, settled life had spread, and gradually evolved into the Indus Valley Civilisation, one of three early Cradle of civilization, cradles of civilisation in the Old World, which flourished between 2500 BCE and 1900 BCE in present-day Pakistan and north-western India. Early in the second millennium BCE, 4.2 kiloyear event, persistent drought caused the population of the Indus Valley to scatter from large urban centres to villages. Rigvedic tribes, Indo-Aryan tribes moved into the Punjab from Central Asia in several Indo-Aryan migration theory, waves of migration. The Vedic Period of the Vedic people in northern India (1500–500 BCE) was marked by the composition of their extensive collections of hymns (Vedas). The social structure ...
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Babylonia
Babylonia (; , ) was an Ancient history, ancient Akkadian language, Akkadian-speaking state and cultural area based in the city of Babylon in central-southern Mesopotamia (present-day Iraq and parts of Kuwait, Syria and Iran). It emerged as an Akkadian-populated but Amorites, Amorite-ruled state . During the reign of Hammurabi and afterwards, Babylonia was retrospectively called "the country of Akkad" ( in Akkadian), a deliberate archaism in reference to the previous glory of the Akkadian Empire. It was often involved in rivalry with the older ethno-linguistically related state of Assyria in the north of Mesopotamia and Elam to the east in Ancient Iran. Babylonia briefly became the major power in the region after Hammurabi (floruit, fl. –1752 BC middle chronology, or –1654 BC, short chronology timeline, short chronology) created a short-lived empire, succeeding the earlier Akkadian Empire, Third Dynasty of Ur, and Old Assyrian Empire. The Babylonian Empire rapidly fell apar ...
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Assyria
Assyria (Neo-Assyrian cuneiform: , ''māt Aššur'') was a major ancient Mesopotamian civilization that existed as a city-state from the 21st century BC to the 14th century BC and eventually expanded into an empire from the 14th century BC to the 7th century BC. Spanning from the early Bronze Age to the late Iron Age, modern historians typically divide ancient Assyrian history into the Early Assyrian period, Early Assyrian ( 2600–2025 BC), Old Assyrian period, Old Assyrian ( 2025–1364 BC), Middle Assyrian Empire, Middle Assyrian ( 1363–912 BC), Neo-Assyrian Empire, Neo-Assyrian (911–609 BC), and Post-imperial Assyria, post-imperial (609 BC– AD 240) periods, based on political events and gradual changes in language. Assur, the first Assyrian capital, was founded 2600 BC, but there is no evidence that the city was independent until the collapse of the Third Dynasty of Ur, in the 21st century BC, when a line of independent kings starting with Puzur-Ashur I began rulin ...
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