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What does the term merchant capital mean?

What does the term merchant capital mean?

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Faith
Merchant capital refers to the process where a trader uses money to pay for a commodity
which he/she then sells at a higher price. This process began with the circulation of
commodities and the existence of money coupled with an escalation in the accumulation
of money capital. It was a feature of what has been described as primitive capital
accumulation.
Titany answered the question on December 8, 2021 at 07:39

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