The first medieval merchants were peddlers who held little status or wealth, while merchants during the High Middle Ages formed guilds and often served in government council positions in their towns.


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Merchants with common trade interests who joined together and formed associations for their mutual benefit
They stimulated the economy by increasing trade and creating a need for additional taverns and inns.
Peasants had an opportunity to move up in the social hierarchy by becoming artisans, merchants, or other types of professionals.
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