Trade Guilds were the associations of producers that trained crafts people, maintained control over production regulated competition and prices, and restricted the entry of the new people into the trade.
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yes but it is not a question... ✌
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Guilds were powerful associations of producers that trained crafts people, 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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