AQA GCSE History · 8145
Paper 2
An association of merchants or craftspeople that regulated aspects of business and protected its members’ interests.
Revise: Economic and Social ChangesMerchant associations, known as guilds, became influential in towns. They regulated access to business and promoted their members’ interests. Their leaders could gain considerable local influence, so town society had its own hierarchy rather than being an equal community.
- Revise: Trade, Towns and Villages
An association of craftspeople or merchants that regulated aspects of their trade, such as training and standards.