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I think you are referring to a guild. Guilds were a combinations of labor union, cartel, and regulatory agency in the middle agency. They were organized by trade, or in the case of merchant guilds by the type of business or merchandise. Guilds regulated all aspects of their particular business. For example, a baker's guild would control who could operate a bakery in a given city, would set standards for the treatment and training of apprentices, set wages for journeymen, set prices on baked goods, and set standards for quality, weight, ingredients, etc, of bread.
Guilds also provided a certain amount of social support for their members, such as caring for sick or decrepit guild members, seeing to their burial if necessary, and providing to the needs of the orphans of members.
What else can I help you with?
Why do we have free trade and fair trade?
we have free and fair trade because the prices are lower for some countries and there is more goods and services being made which is good for a company- since they get a lot of $$$
In the state of Colorado how do you garnish wages after a judgment has be made?
in the state of colorado how do you garnish wages after a judgement has been made
Why were business leaders such as John D. Rockerfeller called robber barons?
Business leaders such as John D. Rockefeller were called 'robber barons because he made huge profits by paying his workers low wages.
Is Gucci fair trade?
Gucci is not considered a fair trade brand. While the company has made strides in sustainability and ethical practices, such as using eco-friendly materials and promoting transparency, it does not operate under fair trade certification standards. Fair trade focuses on ensuring fair wages and working conditions for producers, particularly in developing countries, which is not the primary focus of luxury fashion brands like Gucci.
In August 1971 President Nixon tried to curb inflation by?
Imposing a temporary freeze on wages, prices, and rents.
Who made Katie prices wedding dress?
A desighner called Isabell Kristensen designed it.
Why did Tim Burton make fair trade?
He thought he made a cake so called it fair trade but it was actually something much bigger than a cake
What items are fair trade in Kenya?
In Kenya, fair trade items primarily include coffee, tea, and flowers, particularly roses. These products are often sourced from cooperatives that ensure fair wages and sustainable practices for farmers and workers. Additionally, handicrafts and textiles made by local artisans are also part of the fair trade movement in the country, promoting ethical trading practices and supporting community development.
What is difference between payment of wages act and minimum wages act?
The difference between the Payment of Wages Act and the Minimum Wages Act is in what these acts enforce. The Payment of Wages Act ensures when payments should be made, how they should be made, and limits deductions. The Minimum Wages Act ensures that workers in certain industries are paid at least a certain predetermined amount.
Who made hull fair?
who inveneted hull fair
Why was the fair deal important?
The goal of the "Fair Deal" was to provide a universal health care plan, increase minimum wages, and provide Americans with guaranteed equal rights for workers protecting them from racial and religious discrimination. Two of the three eventually made it through congress. The health care program did not succeed, however later in 1960 Americans would be offered a medicare plan.
What are the key differences between short run and long run equilibrium in economics?
In economics, the key difference between short run and long run equilibrium is the time frame in which adjustments can be made. In the short run, prices and wages are sticky and cannot adjust quickly, leading to temporary imbalances in supply and demand. In the long run, prices and wages are flexible and can adjust to reach a new equilibrium, resulting in a more stable market.
