why did merchants moved to the countryside Europe during the seventeenth and eighteenth centuries? Explain.
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Answer:
In the 17th and 18th centuries, the merchants from municipalities in Europe started moving to the countryside as the supplies were accessible in abundance and at more affordable rates.
Also, the hand-operated laborers in the nation were in high numbers which were beneficial for enhancing production. As this was the time of industrialization, large-scale generation was a requirement to render the commodities to the global exchange and to depreciate the costs associated with buying supplies and arranging laborers in the town, and the wholesalers migrated to the farmland.
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Merchants from towns in Europe started to migrate to the countryside in the 17th and 18th centuries supplying money to peasants and craftsmen who convinced them to sell for the foreign market. As world commerce grew and colonies gained across various parts of the world, demand for commodities increased. Since output was regulated by powerful guilds in towns and cities, the merchants started to employ peasants and village artisans. These artisans were not subject to guild supervision.
Explanation:
- In the 17th & 18th centuries, traders from towns in Europe started traveling countryside since trade guilds, producers' association, skilled craftsmen and artisans prohibited the influx of new people into the industry.
- They were producers' associations, who trained craftsmen, retained power over production, controlled trade and prices, and limited the influx of new people into business.
- Rulers gave various guilds the right of monopoly to manufacture and trade in different goods. New merchants therefore found it difficult to set up business in cities. And they were heading into the countryside.
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