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Guilds declined for all of the following reasons except that
Advertisers
Entities that promote products, services, or ideas to potential consumers through various media channels.
Demographic Profile
A statistical representation of the characteristics of a population, such as age, gender, income, and education levels.
Middle-Class Consumers
Refer to individuals within the socio-economic grouping characterized by moderate income levels, who are often targeted by marketers for their purchasing power.
Endowment
A donation made to an institution or organization that is invested to generate income, where the principal remains intact.
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