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Chola Administration

Guilds were a...

Question

Guilds were associations of ___________

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Traders

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Q. Guilds were the associations of experts from different occupational sectors, who grouped themselves together for their economic benefit.

Q. What is a guild?

Q. A blacksmith in a medieval European city wants to join a guild. He is facing issues of heavy taxes and exploitation. Which association should he join?

Q. What were guilds responsible for?

18. With reference to 'Shrenis'(guilds), which were associations formed by crafts persons and merchants, consider the following statements:

i. They provided training, procured raw material and distributed the finished Product.

ii. They also served as banks.

Which of the statements given above is/are correct?

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