History, asked by good2102, 1 year ago

Who were trade guilds? Give 3 features of trade guilds?

Answers

Answered by yogichaudhary
37
heyy...
A guild is an association of artisans or merchants who oversee the practice of their craft/trade in a particular area. The earliest types of guild formed as a confraternities of tradesmen.
hope it helps...thnku

babbarshar678: this answer is tooo small
Answered by alinakincsem
40

Trade guilds were powerful associations of producers that;

(i) trained craftspeople

(ii) maintained over production

(iii)regulated competition and prices

(iv)restricted the entry of new people into the trade.

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