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

Answer 1

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.