Economy, asked by ektapardhi6505, 11 months ago

Role of the guild in medieval society and economy

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Answered by Anonymous
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<b> ♦Guild, in medieval Europe, an economic and social association of men in the same business or craft.

♦ Merchant and craft guilds flourished from the 11th to the 15th century, then declined.

♦The guilds appeared with the growth of towns and played a major role in the development of municipal government.

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