Business, 11.02.2020 22:44 87haymaker

In many parts of Europe during the mid-1770s, govern-ments gave guilds, or organizations of producers, the au-thority to control who was allowed to produce a good, the amount of the good produced, and the price charged for the good. Would you expect more competition among producers in a guild system or in a market system?

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In many parts of Europe during the mid-1770s, govern-ments gave guilds, or organizations of producer...

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