Merchants and Traders

Merchants and traders are individuals or businesses involved in the buying and selling of goods and services. Merchants typically own and operate retail businesses, purchasing products in bulk to sell to consumers at a profit. Traders, on the other hand, often buy and sell goods or financial instruments, like stocks or commodities, with the aim of making a profit from price fluctuations. Historically, merchants played a key role in local and global economies, facilitating trade and commerce, while traders operate in more dynamic, often speculative markets. Both are essential for the flow of goods in the economy.