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What is the term used to describe a group of merchants who travel from place to place to sell goods and services?
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The term used to describe a group of merchants who travel from place to place to sell goods and services is called a caravan.
Explanation
The use of caravans to travel and trade was essential during the Middle Ages, as it allowed merchants to travel to far-away places and to access goods that wouldn’t have been available locally. This was especially important in areas where travel was dangerous and risky. Caravans also enabled merchants to transport valuable items such as livestock, slaves and rare items.
The use of caravans had a significant impact on the economy, as it allowed for the exchange of goods and services between different regions and cultures. This exchange of goods and services was essential for the growth and development of the global economy.
In addition to the impact on the economy of the Middle Ages, caravans also had an impact on culture and society. Caravans brought people together and enabled them to interact and learn from each other. This exchange of ideas and cultures helped to shape the development of civilization.
Finally, caravans had an important role in the development of trade routes, as they provided a safe and efficient way to transport goods from one place to another. This allowed merchants to access different markets and to expand their business.