Why did merchants turn to countryside in seventeenth century?
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549
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Merchants moved towards the countryside because:
a. Merchants wanted to expand their production so as to meet the growing needs of the population and therefore to decided to move to the countryside.
b. In towns, trade guilds exercised excessive control and regulated price of the commodities. They also restricted the entry of new people into trade practises.
c. Trade guilds exercised monopoly rights over production and to trade in specific products. Thus, it became difficult for new merchants to set up business in towns.
d. Conditions in the country side proved favourable for the merchants to look for and provide money to the peasants and artisans to produce for the international market and develop a network of commercial exchanges.
_________
_________________
__hope it helps!!✔✔✔✔
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Here's your answer looking for_____________
____________________
_______
_____________
Merchants moved towards the countryside because:
a. Merchants wanted to expand their production so as to meet the growing needs of the population and therefore to decided to move to the countryside.
b. In towns, trade guilds exercised excessive control and regulated price of the commodities. They also restricted the entry of new people into trade practises.
c. Trade guilds exercised monopoly rights over production and to trade in specific products. Thus, it became difficult for new merchants to set up business in towns.
d. Conditions in the country side proved favourable for the merchants to look for and provide money to the peasants and artisans to produce for the international market and develop a network of commercial exchanges.
_________
_________________
__hope it helps!!✔✔✔✔
mark as ⭐
Answered by
13
Answer:
"In 17th and 18th century merchants from the towns in Europe began moving to countryside" because :
- With the expansion of world trade and acquisition of colonies in different parts of the world, the demand for goods began growing. But merchants could not expand production within towns.
- This was because here urban craft and trade guilds were powerful.
- These were associations of producers that trained craftspeople, maintained control over production, regulated competitions and prices, and restricted the entry of new people into the trade.
- Rulers granted different giulds the monopoly right to produce and trade in specific products.
- It was difficult to set up business in towns. So they turned to country side.
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