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In a nutshell, they bought things at a low price from one place, then sold it at a higher price at another place.
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∙ 11y ago
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How do merchants make money?
depends
How did merchants make money during the industrialization period?
Merchants made money by selling goods or trading goods.
How much money do merchants make?
depends
How did merchants raise money to invest in exploration?
Merchants raised money to invest in exploration by holding raffles and contests in parts of Europe. Some merchants set up street markets as well as their established buildings to make extra money for exploration.
How much money did merchants make in the 1700s?
Around 200-400 pounds a year.
Why were merchants able to sell spices at a high price?
the merchants hide the information that they bought the spices for less to make money, it can technically mean cheating.
What did craftsmen and merchants try to do to make more money?
the craftsmen and the merchants went around asking people if they need help instead of staying at the shop all day
Did the British trade policy upset American merchants?
American merchants complained that the British were keeping Americans out of the West Indies and other British markets that they could make money from.
What did Italian Merchants trade with?
Italian merchants were known for trading a variety of goods, including spices from the East, silk fabrics, and precious metals. They also traded in luxury items such as art, glassware, and ceramics, contributing to the prosperity of Italian city-states during the Medieval and Renaissance periods.
How did merchants raise the money for overseas trade?
They asked for grants
What is the opposite of affiliate?
The opposite to affiliate is merchant. A merchant has a product that they want to sell and make money and an affiliate is someone who promotes the merchants products and earns a commission.
Why do you think the king of England was willing to let a group of merchants try to establish a colony in North American?
The King of England was hoping these merchants would make money so the king could tax them.
