what were trade guilds
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A guild /ɡɪld/ is an association of artisans or merchants who oversee the practice of their craft in a particular town. The earliest types of guild wereformed as confraternities of tradesmen. They wereorganized in a manner something between a professional association, tradeunion, a cartel, and a secret society.
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Restrictions made on trade of specific products during industrialist period were called as trade guild
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