Question

Explain the role of the trade guilds in 17th and 18th century Europe?

Answer 1

These were associations of trained Craftsman, maintained control over production,regulate competition and prices,and restrict entry of new people into the trade.

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Answer 2

A group of skilled craftsmen in the same trade might form themselves into a guild. A guild would make sure that anything made by a guild member was up to standard and was sold for a fair price. Membership of a guild was an honour as it was a sign that you were a skilled worker who had some respect in society.