Question

Why were guilds formed?

Answer 1

Answer:

Guilds arose beginning in the High Middle Ages as craftsmen united to protect their common interests. In the German city of Augsburg craft guilds are mentioned in the Towncharter of 1156.

Answer 2

Answer:

During the 11th century, merchant guilds were formed in many towns. They arose out of the need to protect commerce and industry in towns, which were outside the scope of the feudal system and thus had no laws or customs governing economic affairs.

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