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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.

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Sierra Flatley

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3y ago

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