answersLogoWhite

0


Best Answer

these guilds were for the people who bought and sold goods on large scale,

and who finaced ship and overland caravens to trade in distant land

User Avatar

Wiki User

βˆ™ 11y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

βˆ™ 14y ago

Because people realized that they could do more together than alone so they teamed up to create guilds. Hope this helps!!

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was the purpose of merchant guilds?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about History of Western Civilization

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 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.


What are some examples of craftguilds in medieval Europe?

There were many guilds. They were divided into two main types, guilds for craftsmen and guilds for merchants. Each of these types had many different kinds of guilds within it. Examples of crafts guilds included stone masons, carpenters, wax candle makers, brewers, soap makers, and fine shoe makers. Industries such as textiles sometimes had many guilds associated with them, each for a different kind of operation. Wool weavers would have one guild, and another would be for makers of linen or silk, and tailors had their own guilds separately. Guilds were often affiliated with each other, and this included trade guilds and merchant guilds both. In some places, the town or city governments were run by guilds, and such cities built alliances of their own.


What is the name for a medieval guild of merchants?

I think what you are asking about may be the word "hansa" or "hanse" which was not a merchant's guild, but an organization or league of merchant's guilds. The Hanseatic League rivaled nations for power and importance at one time.


What was a group of craftworkers called during the middle ages?

During the Middle ages, a group of artisans was known as a guild. In order to be taken seriously as a craftsman, a person had to be part of a guild. Guilds would take on apprentices and teach them trade secrets.

Related questions

What do merchant guilds provide loans and aid to?

Merchant guilds provided loans and aid to merchants and their families. A merchant guild was a group of workers in the same industry during the Middle Ages. Merchant guilds also helped with trade between other civilizations.


How did a merchant guild differ froma craft guild?

Craft guilds made items for the merchant guilds while the merchant sold the items.


Who did Merchant guilds provided loans to?

To their members and their families.


What were basic rules in a medieval town?

Merchant Guilds


What did merchant guilds regulate?

prices and working conditions


What is the difference between merchant guild and craft guilds?

merchant guild would buy merch and then sell while craft guilds would sell the stuff they made i think...


What are two examples of modern merchant's guilds?

Stonemason and Carpenter


How did a merchant guild differ from a craft guild?

The only difference was what they made or sold.


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 is a guild in the middle ages?

Nearly every craft or trade that required any skill had a guild. There were stonemasons' guilds, silk workers' guilds, carpenters' guilds, jewelers' guilds, merchant guilds of all sorts, and many others. There is a link below to an article on medieval guilds.


What is a merchant guild?

Merchant Guilds a group of merchants. They became very powerful, making laws and rules for other merchants, causing individual trades to be endangered. This is what i THINK. so yeahh....


Who dominated the economic and political life of medieval towns?

Merchant guilds dominated the economic and political life of medieval towns.