Social Sciences, asked by mehanasajeevgm13, 1 year ago

why were merchants from towns in Europe began to move countryside in 17th and 18th centuries for 5 mark

Answers

Answered by SillySam
12
1) With the expansion of world trade and acquisition of colonies in different parts of the world, the demand for goods began growing.


2) Merchants could not expand production within towns because \textbf{Urban crafts and trade guilds} were powerful here.


3) They restricted the entry of new people into the trade.


4) Rulers granted different guilds the monopoly right to produce and trade in specific products.


5) So, it was therefore difficult for new merchants to set up business in towns and they, therefore, turned to countryside.
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