Why did Gutenberg idea bankrupt him?

Answer 1

Gutenberg's invention of the printing press revolutionized the production of books, but it also led to his financial ruin due to the substantial costs associated with establishing his printing business. He borrowed money to fund the venture, but faced difficulties in repaying his debts, especially after a legal dispute with his investor. Additionally, the high cost of materials and the competitive market for printed materials further strained his finances, ultimately leading to bankruptcy.