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Guilds had effect on Competition and Prices because they were skilled like that. Also they price different things like a craft guild, for example, he makes weaves and paintings and sells them for the Holy Roman Catholic Church. Merchant makes competition because he makes things that people in everyday life need.

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Q: What effect did the guilds have on competition and prices?
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Continue Learning about History of Western Civilization

What were two different kinds of guilds?

The guilds are often divided into two types, merchants' and crafts' guilds. They were similar in many respects, such as being used to prevent outside competition. In other ways they were different; where crafts guilds often made newcomers go through a long process of apprenticeship, merchants' guilds sometimes gave membership to children of members and sometimes sold memberships.


What did the merchant guilds regulate?

Guilds regulated several standards including pay rates, hours worked, and other workplace related items. They operated much like the labor unions of today.


Examples of craft guilds in medieval Europe?

Among the oldest guilds were those for stone masons and glass makers. But there were guilds of all sorts, and in guild oriented cities, many or most jobs were involved in the guild structure. There were carpenters' guilds and bakers' guilds and cobblers' guilds. There were even guilds that were entirely female, such as the silk guilds of Paris and Cologne. In time, there were also merchant guilds, in addition to craft guilds. Please use the link below for more information.


What were guilds and why were they established?

Guilds were associations of craftsmen or merchants. They were established primarily to protect the interests of their members. As they protected members from competition, they also protected the customers from poor quality work by people who were not skilled, established standards for members and the work they produced, and provided a united approach to economic policies and politics. The earliest medieval guilds may actually have been established during the time of the ancient Roman Empire. Guilds also developed in other places, and Anglo-Saxon guilds probably arose from a separate tradition. As the Middle Ages went on, more guilds were established, and they became more involved in politics. There were a number of towns and cities run by guilds, especially in Italy and parts of Germany. The political power of guilds probably increased the attractiveness of starting new guilds. Combinations of guilds, such as the Hanseatic League, eventually had a great deal of strength, with military and diplomatic power independent of any country. The earliest universities in Western Europe appear to have been established as guilds of educators.


Were the medieval organizations of craftsmen called unions?

No, in the Middle Ages, crafts organizations were called guilds, and their function was rather different from the function of a union. The guilds regulated trade in the craft, including standards, who could be involved, what the educational requirements were, and to some extent the market conditions, prices, and so on. Guilds also formed alliances with other crafts guilds, just as unions do, but also with trade guilds. Sometimes these alliances actually took over the governments of towns and cities. The Hanseatic League, which was an international organization, was an alliance of the local guild alliances, and it entered into its own treaties, had its own military ability, and waged its own wars.