Industrial Revolution in Europe mainly emerged due to 1. locating the production process in the countryside. 2. declining of the guilds because of non-farming production coming under a single roof (the factory). 3. growing role of merchant-capitalists in the production process. Select the correct answer using the code given below:

• A. 2 only
• B. 1, 2 and 3
• C. 2 and 3 only
• D. 1 and 3 only