Which of the following was NOT a reason for the rise of artisans' guilds in medieval Indian towns?
Answer
Requirement to increase personal wealth through monopoly.
The correct answer is Requirement to increase personal wealth through monopoly. — The motive was regulation, not personal monopoly.
Step-by-step solution
- Guilds formed to negotiate wages and working conditions.
- They regulated quality and set standard prices for goods.
- They provided protection to members against rivals.
- The motive was regulation, not personal monopoly.
Common mistake: Thinking guilds were formed purely for profit rather than regulation.
Concept tested: Role of guilds in medieval towns
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