The pros were that you were being protected by the guild in case of something bad happening you like getting hurt or similar. They would help you and your family for example. The cons were that you wouldn't be able to dictate the price of your wares which was done to prevent exploitation of consumers, so even if you were in a position to establish a personal monopoly, you couldn't and you couldn't become richer than what is the adequate wealth for a merchant.
Answer:
You'll find everything right here!
https://www.history.com/topics/world-war-i/league-of-nations
Explanation:
Answer:
Spain declined as a global power, while new players such as the United States emerged as global powers in Latin America and Asia.
Explanation:
I believe this is correct because as Spain declined in power, the US rose. Also following the Spanish-American War in 1898, quickly emerged as new imperial powers in East Asia and in the Pacific Ocean area.
