Question

Tell me about Guilds and Trade...​

Answer 1

Answer:

A guild /ɡɪld/ is an association of artisans and merchants who oversee the practice of their craft/trade in a particular area. ... Typically the key "privilege" was that only guild members were allowed to sell their goods or practice their skill within the city.

Explanation:

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Answer 2

Answer:

Guild, also spelled gild, an association of craftsmen or merchants formed for mutual aid and protection and for the furtherance of their professional interests. Guilds flourished in Europe between the 11th and 16th centuries and formed an important part of the economic and social fabric in that era.

Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place within an economy between producers and consumers.