What were the associations of craftsmen and merchants that regulated production, prices, and quality of goods in medieval towns called?
1 mark
🔍 View Detailed Solution & Schema →

Question

What were the associations of craftsmen and merchants that regulated production, prices, and quality of goods in medieval towns called?

Accepted Answer

Guilds were associations of craftsmen and merchants in medieval towns. Each craft—such as bakers, weavers, and blacksmiths—had its own guild, which set standards of quality, prices, and the conditions of work and training for apprentices.

The Three Orders

❓ Sibling Questions in this Chapter