What is protoindustralist
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Yogita Ingle 6 years, 4 months ago
The period of industrialization before the first factories came up in Europe is termed as proto-industrialization. This period was marked by merchants from towns getting products made in villages.
Reasons for focus of merchants on villages: There were powerful trade and craft guilds in urban areas. These associations controlled competition and prices and prevented entry of a new player in the market. Because of them, it was difficult for new merchants to set business in towns.
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