Merchant capitalism
From The Art and Popular Culture Encyclopedia
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Merchant capitalism is a term used by economic historians to refer to the earliest phase in the development of capitalism as an economic and social system. Early forms of merchant capitalism were developed in the medieval Islamic world from the 9th century, and in medieval Europe from the 12th century.
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See also
- Feudalism
- Late Capitalism
- Mercantilism (the more common term for what this article refers to, as a historical period)
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