what was the role of guilds?

what was the role of guilds?
Answer
Brief Explanations:
Guilds (in history, e.g., medieval Europe) regulated craft/trade practices: set standards for quality, trained apprentices, controlled production/sales to ensure fair competition, protected members’ interests, and maintained social/economic order in their industries. They also fostered skill development and upheld professional ethics.
Answer:
Guilds (e.g., in medieval Europe) regulated trade/crafts: set quality standards, trained apprentices, controlled production/sales, protected members’ interests, and maintained industry order while fostering skill development.