Were craft guilds conducive for economic development in the preindustrial world?

Were craft guilds conducive for economic development in the preindustrial world? (What were craft guilds and when were they present?, How did craft guilds operate?, Which industries did craft guilds operate in? )
–>THESIS (Craft guilds were conducive for economic development)

Arguments for NO (craft guilds were not conducive for economic development in the preindustrial world)
–> Craft Guilds Were Both Monopolies and Monopsony + HOWEVER point (argumenting the point)
–> Craft Guilds Would Oppose New Technology + HOWEVER point (argumenting the point)

Arguments for YES (craft guilds were conducive for economic development in the preindustrial world)
–> Craft Guilds Providing Public Goods + HOWEVER point (argumenting the point)
–> Craft Guilds Provided Quality Assurance With Asymmetric Information + HOWEVER point (argumenting the point)
–> Craft Guilds Supported The Diffusion Of Info Through Apprenticeships + HOWEVER point (argumenting the point)

CONCLUSION
–> Sum up the points made above – and write an opinion that craft guilds were conducive for economic development in the preindustrial world (do not introduce new points – just sum up the points made)

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