Why merchants moved to countryside from …
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Posted by Himanshu Kumar 6 years, 6 months ago
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Gaurav Seth 6 years, 6 months ago
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.
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