Why did merchants turn to countryside, rather than setting up business in towns?
Answers
Answered by
2
Answer:
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.
Answered by
1
Answer:
Hola mate ◽ ‼️
Here is your answer ll ❤️
- merchant supplied money to peasants and artisans persuading them to produce for an international market
- demand for goods increased since the European powers has a acquired colonies and sold their goods in this colonies.
- But merchants could not expand production within towns because the urban crafts and trade guilds very powerful
- rulers granted different guilds the Monopoly rights to produce and trade in specific products
- it was therefore difficult for new merchants set up business in town so they turn to countryside
Hope it helps you ❤️
Similar questions