European countries use trade to gain wealth
The stronger countries in Europe in the 1400s and 1500s - England, Spain, France and Portugal.
Guilds performed a variety of important functions in the local economy. They established a monopoly of trade in their locality or within a particular branch of industry or commerce; they set and maintained standards for the quality of goods and the integrity of trading practices in that industry; they worked to maintain stable prices for their goods and commodities; and they sought to control town or city governments in order to further the interests of the guild members and achieve their economic objectives.
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The Federalists believed that American foreign policy should favor British interests, while the Democratic-Republicans wanted to strengthen ties with the French. The Democratic-Republicans supported the government that had taken over France after the revolution of 1789.
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