Merchants have operated for as long as industry, commerce, and trade have existed. ... The status of the merchant has varied during different periods of history and among different societies.

What are modern day merchants?

And with this exchange, the craft of trade arises. Before they were called entrepreneurs or businessmen and women, the class of master creators was known as merchants. ​ Today, if you are working on developing an idea and transforming it into a valuable good or service, then you are simply a modern day merchant.

Where do merchants live?

Most medieval homes were damp, cold, and dark. Poorer merchants lived in their shops or stores. More prosperous merchants built nice houses made of brick. They would have glass windows, fireplaces, etc.