Respuesta :
The guilds , banks , and money system which began in medieval europe : Were the start of modern market economies and trade unions
Before the bank and money system, the merchants have to pay their goods with another goods in a barter system. This often create some dispute because of 'unfairness' . The money system allowed one specific currency as a standard to exchange goods and services and eliminate this unfairness
hope this helps
Before the bank and money system, the merchants have to pay their goods with another goods in a barter system. This often create some dispute because of 'unfairness' . The money system allowed one specific currency as a standard to exchange goods and services and eliminate this unfairness
hope this helps
Answer:
Option: Were the start of modern market economies and trade unions.
Explanation:
During the medieval period in Europe, a society based on feudalism. Trade beginning to rise, led to the establishment of guilds, and banks. The guilds were coming up in the towns to maintain the standard of the crafts made by the artisans. Banks were responsible for giving loans to merchants for trade and those who needed it. With the establishment of banks, markets began to spring up in towns and villages because of the existence of trade with neighboring states.
