"Even before factories began to dot the landscape in England and Europe, there was large-scale industrial production for an international market in the country side."Elucidate
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In Europe the merchants from the towns moved to the countryside in the 17th and 18th centuries. They gave money to the peasants and artisans and persuaded them to produce for an international market.
The demand for goods increased with the expansion of world trade and the acquisition of colonies in different parts of the world. The merchants could not expand production in the towns because the urban crafts and trade guilds were powerful over there...
The guilds were associations of producers. They restricted the entry of new people in the trade...
Therefore, they turned to the countryside. The poor peasants and artisans who had lost their common lands started working for the merchants. In this way, they indirectly served the international market.....
Thank You !
The demand for goods increased with the expansion of world trade and the acquisition of colonies in different parts of the world. The merchants could not expand production in the towns because the urban crafts and trade guilds were powerful over there...
The guilds were associations of producers. They restricted the entry of new people in the trade...
Therefore, they turned to the countryside. The poor peasants and artisans who had lost their common lands started working for the merchants. In this way, they indirectly served the international market.....
Thank You !
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