Guilds were formed to
A) Protect the interest of the traders
B) Run a sepearate institution for social welfare
C) Provide employment
D) Collect taxes
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Answer:
Guilds of merchants and craft workers were formed in medieval Europe so that their members could benefit from mutual aid, production standards could be maintained and competition was reduced. In addition, by members acting collectively, they could achieve a certain political influence.
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Option A) Protect the interest of the traders
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