Definition of Guild System
What is guild system?
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1.
an organization of persons with related interests, goals, etc., especially one formed for mutual aid or protection.
2.
any of various medieval associations, as of merchants or artisans, organized to maintain standards and to protect the interests of its members, and that sometimes constituted a local governing body.
Examples for guild
Online he was a guild leader, delivering rousing speeches to fellow gamers.
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Guild System
Explanation:
- The association of merchants or craftsmen who followed the same profession came to be known as Guilds.
- These guilds were generally found in the medieval period.
- The main reason why these guilds were formed was the protection of associate members.
- The guilds in extreme conditions provided work to the members.
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