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Q.

In the 17th and 18th centuries, merchants from towns in Europe began to move where?


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a

India

b

England

c

Urban Areas

d

Countryside 

answer is D.

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Detailed Solution

In the 17th and 18th centuries, merchants from towns in Europe began to move to the countryside. Because of trade guilds, producer associations, and skilled craftsmen and artisans who barred the admission of new individuals into the trade, merchants from towns in Europe started to go to the countryside. These producers' organisations provided training for artisans, kept a tight grip on output, managed prices and competition, and barred new entrants from the market. Even before factories started sprouting across England and Europe, there was a massive scale of industrial production for a global market.
 
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