Choose the given statement as true/false:

During the phase of proto-industrialisation, the peasants and artisans started working with merchants so that they could compensate for their falling incomes from cultivation.

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Detailed Solution

The given statement is true.
In the seventeenth and eighteenth centuries, Merchants migrated to the countryside, giving money to farmers and craftspeople who were then asked to make goods for a global market. Because kings gave distinct guilds the authority to create and trade particular goods, merchants were limited in their ability to extend their output within towns. Poor artisans and peasants in the countryside quickly and happily consented so that they could continue to live in the countryside and cultivate their little plots. Many historians from that era refer to this stage of the industry as proto-industrialisation or even as its forerunner. During this time, various industrial techniques were used to create commodities for the domestic and global markets while also utilising a large amount of low-paid rural labour.

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