Merchants moved to the countryside Europe
i. Expansion of world trade and the acquisition ofcolonies.
ii. Powerful urban craft and trade guildsdid not allow expansion of production in towns.
iii. Producers regulated production, competition, prices.
iv. Rulers also granted different guilds the monopoly right to produce and trade in specific products.
v. It was therefore difficult for new merchants to set up business in towns. So they turned to the countryside.
