Mention any 2 function of guild in urban area
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Guilds were powerful associations of producers that trained craftspeople, maintained control over production, regulated competition and prices, and restricted the entry of new people into the trade. They had been granted the monopoly right to produce and trade in specific products by the rulers.
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Hi
Guilds in the Middle Ages played an important role in society. They provided a way for trade skills to be learned and passed down from generation to generation. Members of a guild had the opportunity to rise in society through hard work.
The guild protected members in many ways. Members were supported by the guild if they came onto hard times or were sick. They controlled working conditions and hours of work. The guild also prevented non-guild members from selling competitive products. Some guild members were even exempt from paying high taxes from the lords and kings.
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