Merchant communities

Definition

Merchant communities are groups of merchants who come together to engage in trade and share resources. These communities often have their own rules, regulations, and systems for conducting business.

Related terms

Trade networks: These are the interconnected routes used by merchants to transport goods between different regions or civilizations.

Commercial hubs: These are important cities or ports where merchant communities gather to conduct trade activities.

Guilds: Guilds were associations or organizations formed by merchants within a specific trade or profession. They regulated trade practices, set standards, and protected the interests of their members.