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How did urban merchants acquire trade monopoly?
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10/10/2020 5:14 pm
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How did urban merchants acquire trade monopoly?
(a) The old merchants had won over the weavers and artisans.
(b) The powerful members of the guilds had bribed the rulers.
(c) The rulers granted different guilds the ‘monopoly right’ and trade of specific products.
(d) The guilds were so powerful that they did not allow new merchants to enter into the field of trade.
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10/10/2020 5:14 pm
(c) The rulers granted different guilds the ‘monopoly right’ and trade of specific products.
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