Why did merchants moved to the countryside Europe during the seventeenth and eighteenth
centuries? Explain.
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9
Answer:
Merchants from towns in Europe began to move countryside in seventeenth and eighteenth centuries because of trade guilds, associations of producers, trained craftsmen and artisans who restricted the entry of new people into the trade. 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. Rulers granted different guilds the monopoly right to produce and trade in specific products. It was therefore difficult for new merchants to set up business in towns. So they turned to the countryside.
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Answered by
1
The reasons were:
The world trade was expanding and the acquisition of
It was getting difficult for new merchants to set up business in towns. So they were turning to the countryside.
Producers were regulating the prices, production, competition.
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