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Using examples from the lessons, defend or reject the following statement in two to three complete paragraphs:

"Medieval guilds and banking systems helped to usher in a modern market economy."

User Norda
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I will defend that statement.
The medieval guilds and banking system operate in a very similar style with Venture capitals and modern banks.
The existence of these organizations provide a new way to circulate the money from capital owner to borrowers and helped to expand the economy into what we see today.
User Mhand
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