. In the seventeenth century merchants from towns in Europe began employing peasants and artisans within the villages.Explain


Best Answer

Ans: World trade expanded at a very fast rate during the 17th and 18th centuries. The acquisition of colonies was also responsible for the increase in demand. The producers in the towns failed to produce the required quantity of cloth. The producers could not expand the production in the towns, because urban crafts and trade guilds were powerful. These were the associations of producers that restricted the entry of new people into the trade. The rulers granted different guilds the monopoly right to produce and the trade-in specific products.

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