SSC MTS EXAM

Detailed explanation-1: -The Hanseatic League was a commercial and defensive confederation of merchant guilds and their market towns that dominated trade along the coast of Northern Europe. It stretched from the Baltic to the North Sea and inland during the Late Middle Ages and early modern period (c. 13th–17th centuries).

Detailed explanation-2: -The Hanseatic League, or German Hansa, was a medieval trading confederation of merchant guilds and market towns along the shore of the Baltic and North Sea, and across great swathes of the north German hinterland.

Detailed explanation-3: -Hanseatic League, also called Hansa, German Hanse, organization founded by north German towns and German merchant communities abroad to protect their mutual trading interests. The league dominated commercial activity in northern Europe from the 13th to the 15th century.

Detailed explanation-4: -"Kontor” (literally: office) was the name given to the Hanseatic League’s large trading posts abroad. The four major kontors formed the cornerstones of Hanseatic trade: Novgorod, London, Bruges and Bergen.