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.
Since there was a rise of Chinese national spirit at that time, the foreign imports were reduced, but merchants exported many goods and the Ming dynasty was one of the biggest traders in the world, if not the biggest. This period is known as one of the three golden ages of China.
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Transitional justice = consists of both judicial and non-judicial mechanisms, including prosecution initiatives, reparations, truth-seeking and also consists of both judicial and non-judicial mechanisms, including prosecution initiatives, reparations, truth-seeking.
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Explanation:
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. It responded to needs for relief, reform, and recovery from the Great Depression.
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