Choose the given statement is true/false

The Urban craft and Trade Guilds were very weak.

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True

False

answer is B.

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Detailed Solution

The given statement is false. Trade guilds were used to train artisans, maintain control over production, control costs, and restrict the entry of new persons into the market. Modern handicrafts kept up by trade guilds are referred to as urban crafts. Trade guilds maintain tight control over handicrafts to great profit from exporting them to other nations. Urban trade guilds and guilds for crafts were strong in towns. They developed skilled workers, kept a tight grip on production, managed prices and competition, and barred newcomers from entering the industry.
The correct statement would be the Urban craft and Trade Guilds were strong.

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