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What was the reason behind new merchants could not set up business in the towns in Europe? -

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Question

What was the reason behind new merchants could not set up business in the towns in Europe?

Options

  • The rules became a barrier.

  • Scarcity of products to start any business

  • The powerful trade guilds and urban crafts made it difficult.

  • None of these

MCQ

Solution

The powerful trade guilds and urban crafts made it difficult.

Explanation:

The new merchants could not set up business in the towns in Europe, because the powerful trade guilds and urban crafts made it difficult for new merchants to start a business in towns and restricted their entry.

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Before the Industrial Revolution
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