History, asked by vaibhavgaur7702, 1 year ago

Why was it difficult for the new European merchants to set up business in towns in the 17th and 18th centuries?

Answers

Answered by pavanKumarodela
8
European merchants were mainly focused on China in 17th and 18th century but the chinees government not have interest to do business with European countries
Answered by pandumarimgantpdcdm0
16

Explanation:The merchants could not expand production within towns because here urban crafts and trade guilds were powerful. ... Rulers granted the monopoly right to produce and trade in specific products to different guilds. Therefore it was difficult for new merchants to set up business in towns and hence turned to the countryside.

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