Zunftrevolution
Quick Summary
The term "Zunftrevolution" translates to "guild revolution" in English. This refers to a period in late medieval Europe, primarily the 13th and 14th centuries, when craft guilds gained political and economic power, often at the expense of the ruling merchant guilds. Merchant guilds, associations of traders involved in international commerce, were prominent in medieval Europe. However, social upheavals led to the decline of merchant guilds as craft guilds rose to prominence, taking over political and economic functions. By the early 15th century, most merchant guilds had disappeared or become insignificant.1
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