Merchant
Merchants function as professional traders, dealingcommodities thatdo not produce themselves.Merchants can be categorised into two types: -
- A wholesale merchant operates inchain between producerretail merchant. Some wholesale merchants only organisemovementgoods rather than movegoods themselves.
- A retail merchant sells commoditiesconsumers (including businesses), commonly known as retailers. A shopowner isretail merchant.
See also: commerce, mercantilism, distribution
