History, asked by mitalirathore23151, 10 months ago

Why,trade guild more powerful in town of england

Answers

Answered by TaeTae24
0

Trade guilds were associations of producers that trained craftspeople, maintained control over production, regulated competition and prices and restricted the entry of new people into the trade. Rulers granted different guilds the monopoly right to produce and trade in specific products. This made it difficult for new merchants to set up business in England.

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