We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Guilds: Beneficial or Detrimental to the Development of European Society - Essay Example

Comments (0)
Summary
The writer of this study "The Guilds: Beneficial or Detrimental to the Development of European Society" attempts to answer the question whether the guild system was beneficial to the development of European society or did it hinder development…
Download full paper
GRAB THE BEST PAPER
The Guilds: Beneficial or Detrimental to the Development of European Society
Read TextPreview

Extract of sample
The Guilds: Beneficial or Detrimental to the Development of European Society

Download file to see previous pages... The power of the guild system which gained strength during the eleventh century created a set of criteria for the operation of any business and for the behavior of guild members. There were many guild groupings for regulating everything from commerce to art. The two main guild groups were the merchant guilds and craft guilds. These guilds helped maintain economic and social stability for their kings. Guild members adhered to strict set of rules created by guild associations that protected members from unfair practices and from the king or church, who were dependent on the taxes paid by merchants. The guilds also practiced an early form of consumer satisfaction by ensuring that products were of a certain standard. Guilds, for example, set standards for the production of goods which had to be examined and approved by a board of the guild before being sold. Price cutting was also prohibited, as was advertising. Modern antitrust laws are said to have some basis in the old guild regulations. Guilds also took responsibility for their members. For example, if a member reneged on his responsibilities, the guild he belonged took on the responsibility and later collected from the guild member with interest. This kind of regimented control allowed guilds to create a unified monopoly in their individual realms. Anyone wishing to open a business had to gain guild approval before being allowed to operate a business. Merchant guilds grew in prominence with the opening of trade and the revival of long distance commerce. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Organisations Learning and Development
Changing customer expectations, varying market trends, innovative products and services are all compelling organisations to be prepared to face tough times in their businesses. For this, organisations rely on their employees’ capabilities; furthermore, these challenges necessitate constant upgradation and acquisition of new skills and capabilities to continue to perform by bringing newer approaches, products and services.
8 Pages(2000 words)Essay
Is Current Government Policy On Training And Development Fit for Purpose
According to the report since the post war period, the UK government has made a number of modifications in its education system. There were major reforms undertaken for addressing the problems of the education system in UK. These included falling standards of schools, low rate of staying of children aged less than 16 years, and low skill level of labour.
6 Pages(1500 words)Essay
How significant was urban life to medieval society
The Middle Ages showed greater diversification in social hierarchy and growth of economy followed by social, political and religious conflicts. During this era, this development led to expansion of territories of urban areas along with visible demarcation in urban and rural lifestyles.
5 Pages(1250 words)Essay
Are political parties beneficial or detrimental to democracy in Australia
Political parties have become essential in the democratic system of Australia because they enable individuals from all walks of Australian life to have a means through which they can be adequately represented in a manner that is free and transparent for all to see.
10 Pages(2500 words)Essay
Aztec
At least five hundred years ago the Aztecs had a proper economy in place which during the course of its existence began to change from a completely agrarian economy to a more flexible structure where farmers could sell their produce and merchants could trade seeking higher profits every time.
3 Pages(750 words)Essay
Answer the question
But the Hundred Years War was brought to arms when King Edward III of England demanded that King Philip IV of France return lands to
2 Pages(500 words)Essay
Smart Phones Beneficial Or Detrimental

The essay intends to provide a thorough reviewed analysis of the benefits and the detrimental aspects that have been observed due to the usage of smartphone. The question to be considered in this regard can be framed as, “In what terms, smartphones can be regarded as beneficial or detrimental for the society and the users in different segments”.

19 Pages(4750 words)Research Paper
Did women have a Renaissance in Early Modern Europe
This made many people stop thinking as groups which was the case before. People also started reading about humanities. These enabled people to learn how to
5 Pages(1250 words)Essay
Social, Political and Economic Themes in Western Civilization Essay
Nonetheless, the system did not result from a formal political system that was exercised by people during the Middle Ages. It depicts a group of military and legal duties that prevailed among warrior nobility, which revolved around three major ideologies, including
5 Pages(1250 words)Essay
Athens and Florence
Social features of Athens during this era entailed multiple conflicts that King Solon too helped alleviate. King Solon had to mediate diverse groups that were in social strife to allow for Athens’ economic progress. Lastly, a major cultural element of Athens during its
1 Pages(250 words)Essay
Let us find you another Essay on topic The Guilds: Beneficial or Detrimental to the Development of European Society for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us