answersLogoWhite

0

According to Radford, traders or middlemen were often disliked because they were perceived as unnecessary intermediaries who added little value to the transaction while taking a significant share of the profits. Their role was seen as exploitative, as they profited from the labor of producers without contributing to the production process themselves. This perception fostered resentment among both producers and consumers who felt that middlemen inflated prices and reduced the fairness of trade.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Continue Learning about General Arts & Entertainment
Related Questions

Who were the middlemen in the fur trade?

Middlemen in the fur trade were fur traders or first nations who had been given furs from the producers (HBC and north west company) and had sold these furs to first nations or other consumers. Think of it as salesmen:)


Who may have acted as a middleman for African trade?

Middlemen in African trade historically included Arab and Berber traders who facilitated the exchange of goods between different regions, as well as European colonial powers during the period of colonization. These middlemen often controlled the flow of goods and influenced trade routes and networks.


How did African slave traders obtain slaves?

African slave traders obtained slaves through various means, including wars and raids on neighboring villages or tribes, kidnapping, and capturing individuals during conflicts. They also relied on domestic slave markets and trade networks managed by African middlemen to obtain slaves for sale to European and Arab traders.


Is traders village open Christmas eve?

According to the website it is, but I'm not positive.


What role did African tribes play in the slave trade?

African tribes participated in the transatlantic slave trade by capturing and selling individuals from rival tribes as slaves to European slave traders. Some tribes also profited from the trade by serving as middlemen for European slave traders. However, it's important to note that the majority of Africans enslaved and sent to the Americas were captured and sold by Europeans, rather than by their fellow Africans.


What were the Phoenician traders and shipbuilders called?

According to their city of origin ie Sidonians, Tyrians, Carthaginians.


Are reliance fresh posing a threat to kirana stores?

The Reliance start chains of retail markets with turnover based approach by having very low margin and the items cheaper - quality, supply schedule, reliability, after sale service, personalised approach are the highlights which definetly throw out the middlemen, Dalals, greedy traders etc.


Were the Vikings traders?

Traders and raiders.


What organizations are protecting traders?

the hard lads are protecting traders similar to flavell


Why were traders ready to duplicate the voyage of da Gama to the east coast of India?

Traders were eager to duplicate Vasco da Gama's voyage to the east coast of India due to the lucrative spice trade, which was highly sought after in Europe for its value and demand. Da Gama's successful route to India opened new opportunities for trade, allowing European powers to bypass middlemen and directly access spices, silks, and other goods. The promise of immense profits and the potential for establishing new trade routes motivated many traders to follow in his footsteps. Additionally, the desire for national prestige and exploration further fueled their ambitions to venture to India.


What role did Africans themselves play in the continuation of the Atlantic trade of enslaved people?

Africans played various roles in the continuation of the transatlantic slave trade, including capturing and enslaving individuals from rival groups during intertribal warfare, serving as middlemen in the trade by capturing people and selling them to European slave traders, and participating in the transportation of enslaved individuals to the coast for sale. However, it's important to note that African participation in the slave trade was complex and often forced or influenced by European colonial powers and traders.


The recommendation from partnership to sole traders?

The recommendation from partnership to sole traders