Which of the following guilds controlled the market, raw materials, employees, and also production of goods in the towns?

Peasants guilds

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Artisans guilds

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Trade and commerce guilds

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None of these

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Solution

The correct option is C Trade and commerce guilds
The trade and commerce guild controlled the market, raw materials, employees, and also production of goods in the towns. This created problems for merchants who wanted to increase production by employing more men. Therefore, they turned to peasants and artisans who lived in villages.

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Similar questions

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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