WORLD HISTORY

HISTORY

MEDIEVAL CHRISTIAN EUROPE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Guilds protected consumers by making sure all goods and services were of a certain level of quality.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The guild protected members in many ways. Members were supported by the guild if they came onto hard times or were sick. They controlled working conditions and hours of work. The guild also prevented non-guild members from selling competitive products.

Detailed explanation-2: -There were several types of guilds, including the two main categories of merchant guilds and craft guilds but also the frith guild and religious guild.

Detailed explanation-3: -Early Guild Regulations Rules regulated membership and trade. No artisan could work in a town unless he was a member of the local guild. No goods could be imported into a town if they competed with local products. It was in this way, that the local guilds held a monopoly of the market within its own town.

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