Answer:
(i) Merchants supplied money to peasants
and artisans, persuading them to produce for an international market.
(ii) Demand for goods increased since
the European powers had acquired colonies and sold their goods in these
colonies.
(iii) But merchants could not
expand production within towns because the urban crafts and trade guilds were
very powerful.
(iv) Rulers granted different
guilds the monopoly rights to produce and trade in specific products.
It was therefore difficult for new
merchants to set up business in towns. So they turned to countryside.
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