guilds are dum
No. Neither was really "rich". Guilds didn't determine wealth in an area. Guilds were unions of people with like jobs.
The modern descendant of guilds you are asking about is probably the trade union. There are other modern institutions that are descendants of the medieval guilds. One important guild function was standards regulation, which were taken up by government bureaus and agencies. Chambers of Commerce also have functions that are based on medieval guild operations to some degree. Medical associations, such as the AMA, can be said to be based on ideas founded by guilds.
Merchant Guilds
Guilds
Guild signs
Some examples of guilds craft's is shoe making. Chaosleon321
Some examples of guilds craft's is shoe making. Chaosleon321
guilds are dum
guilds are dum
Guilds were the equivalent to what unions were today without all of the labor rights incorporated as labor laws were much less prevalent in the medieval times. Guilds were organized groups of people of the same trade where skills were taught and shared. Some guilds even held informal/ prototypical small scale schools with workshops.
No. Neither was really "rich". Guilds didn't determine wealth in an area. Guilds were unions of people with like jobs.
Guilds
The modern descendant of guilds you are asking about is probably the trade union. There are other modern institutions that are descendants of the medieval guilds. One important guild function was standards regulation, which were taken up by government bureaus and agencies. Chambers of Commerce also have functions that are based on medieval guild operations to some degree. Medical associations, such as the AMA, can be said to be based on ideas founded by guilds.
The medieval organizations of tradesmen were called trades guilds or mercantile guilds. There were also crafts guilds.
Most guilds were operated by governing bodies consisting of the masters, or consisting of groups of people elected by masters. The guilds were not particularly uniform, however, and there may have been some with other types of leadership.
Merchant Guilds