Why coud not the merchan t expand production with in town
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Merchants could not expand production within towns because: (i)Here urban crafts and trade guilds were powerful. (ii)These were associations of producers that trained craftspeople, maintained control over production, regulated competition and prices, and restricted the entry of new people into the trade.
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Answer:
Merchants could not expand production within towns because:
- (i)Here urban crafts and trade guilds were powerful.
- (ii)These were associations of producers that trained craftspeople, maintained control over production, regulated competition and prices, and restricted the entry of new people into the trade.
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