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What role did guilds play in the economic life of the cities?

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Step-by-step explanation:

Guilds assumed a significant part in the monetary existence of urban areas. Each art, for example, leather experts, craftsmen, and bread cooks, had their own organization. The specialty organizations set the standers for a significant number of the items made. They likewise set the cost of the products. The societies additionally restricted the measure of individuals who could enter a particular exchange and the means they needed to follow to do the exchange.

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