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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

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

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14y ago
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Q: What was the purpose of merchant guilds?
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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.