ASVAB Armed Services Vocational Aptitude Battery (#61)

Section: Paragraph comprehension

Medieval guilds were similar to modern-day labor unions. These groups of merchants or craftspeople set rules regarding economic activity in order to protect themselves. Some guilds held considerable economic power, but even small guilds protected members. Guilds also served a social purpose. According to this passage, guilds:

had only one purpose
had little in common with modern labor unions
exploited workers
held considerable economic power