Question

what were guilds how did they make it difficult to new merchants to set up their business in town in England​

Answer 1

Answer:

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.

Guilds were associations of producers who controlled the practice of their craft in a particular town.Merchants could not expand production within towns because here urban crafts and trade guilds were powerful.

1. These were associations of producers that trained crafts people.

2. They maintained control over production.

3. They regulated competition and prices.

4. They restricted the entry of new people into the trade.

5. Rulers granted different guilds the monopoly right to produce and trade in specific products.

6. It was therefore difficult for new merchants to set up business in town.

Answer 2

Answer:

Guilds were the group of merchants, artisans and craftsmen that has more power to make trade.

Explanation:

Guilds

• In medieval England guilds were the group were in power to make selling and purchasing of goods, making crafts and art.
• Only guild members were allowed to trade in the city. They did not let the outsiders to do trade.
• They also not let women to do trade.
• There were mainly two types of guilds merchant guilds and crafts guild. Merchant sold goods and craftsmen themselves made items and sold.
• They were rich as compared to the outside traders.
• Guild members found guilty or cheating the customer were done out from the group.