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Banking revives, people travel far to trade- they do not want to get robbed. People crossing the Mediterranean Sea. Some of the first medieval bankers are fighting monks.…
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The Economical systems during 1000 CE and 1450 CE were had the biggest impact on the growth and the decay of cities, trade, and inventions. When populations decreased because of trade, this led to more workers being needed. This in total led to more people being paid. Before this period, technology was simple. Then, Europe began to build better and become more experienced. They invented the compass and built better ships. These inventions and innovations led to easier trading techniques and an increase in the economy. Along with this is that Islam brought over a type of coinage. This allowed the societies to get rid of their barter systems. In addition, Capitalism became popular, which resulted in lots of profit for many.…
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Europe under went major financial and social changes during the 11th and 14th hundreds of years. Despite of feudalism, the medieval world was an exceptionally directed and progressive type of society in which everybody had their place and obligations. The manorial framework, in which masters claimed the area worked by their vassals, or serfs, began to fade in the late Middle Ages with the advancement of country states. Medieval urban areas, commanded by the societies that brought financial strength, turned into the focuses of trade.…
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One of the big new things of this time period was the railroad and trains. The thing it impacted the most was social living. You could send letters and packages so much quicker without having to send it with a horse and buggy. Also if there wasn’t railroads the western towns wouldn’t have had a chance at survival, they needed fresh goods to be carted across the country all the time. The railroad was the means for this. It also meant that towns didn’t have to be all centered around something or knit so closely together they could spread out. And going out of the city could become an afternoon adventure not a couple day long horse ride. The world became a smaller place that merchants had an easier job selling their goods throughout the country. This was the main reason it helped the economy. You were able to trade in more areas, able to spread the area you were able to impact with your goods. But not only good they move their goods out farther but faster so people could get what they needed faster and now more foods could be moved cause they wouldn’t spoil or rot as quickly because the trains would arrive faster. Another thing that came from the railroads was that the population could increase because there was more room to move and start families. Like for the instance of war you could move troops, ammunition, food, etc. to where it is most needed quicker than…
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The lack of trade wasn't really a worry for people then though, considering that the manors were self sufficient and produced any goods necessary to live, this economic system was called manorialism. All the new established routes carved by the crusaders made a great base to begin trade once again and for the first time since the fall of the Roman Empire, trade was resurrected. Due to the crusades, and the cultural diffusion that came with it, trade kick started back up. Crusaders brought luxury goods from Asia and the Arabian peninsula back to Europe. Eventually, merchants needed a more formal place to trade and took their goods to large cities and villages, because of this, both villages and towns grew simultaneously. Manorialism and feudalism were practically wiped out, not right away but slowly. Trade boomed in places like Italy, because they were by the sea. The revival of trade and growth of towns directly benefited the monarchs. Growing trade was great for kings because it meant they would tax the incoming and outgoing goods and make more MONEY. Aside from money, the middle class favored the king because he protected trade. This was good for the king because he ultimately had more support and power over his people if they liked him. For nobles though, it wasn't as great. Since the middle class favored the king, the middle class was no…
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We can see the change of trade and economics when we look at the transition. In city-states, trade was a large part of everyday life, with people from all cultures and areas trading their goods in the center of these metropolises. There were even…
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When Western Europe came into contact with the Atlantic world, it underwent many changes, both good and bad. The declining of prices was helpful because it allowed the Europeans to be able to pay less for the necessities that were needed for everyday living. Now they were able to comfortably afford it. The Europeans had more money, and more of what they wanted and needed without having to worry. The Western Europeans also had more access to goods because of the 13 colonies. The colonies allowed them to obtain more necessary crops and foods that they needed to sustain a healthy lifestyle for themselves, and for their families. Industrialization was another social change, but this had more of a negative impact. Cities became overcrowded, which led to copious amounts of people living there. This is never helpful for society.…
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Fourteenth century Europe could be best described as the “Dark Ages” of Europe. Between 1300 and 1450, Europe experienced series of catastrophic moments from economic difficulties, plague, war to increased crime and violence. The Black Death caused Florence to lost between one half and two-thirds of its 1347 population of 85,000. War also played an important part in Europe’s history. The Hundred Years’ Year (1337-1453) brought social and economic difficulties to both France and England. In France, hundred and thousands of acres of farmland were destroyed turning France into a shamble. Although the war provided unusual opportunities for all social groups, when the war ended knights and nobles went back…
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People started inventing new ways to farm which lead to people working far away from home for strangers. This change in the system of production took people out of their homes weakening the traditions that had guided community life for centuries.…
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E.g. Medici… they support the new ideas or art, humanism etc. and gave money for it.…
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Momentous historical events such as the Industrial Revolution can be perceived as having both positive and negative impacts. During the Industrial Revolution, society had seen the creation of numerous innovations and inventions which both improved the community to a certain degree. These inventions have advanced society but in some cases at a penalty. The Industrial Revolution saw the inflation of manufacturing through mass production. From this people started losing their occupations due to the advancement of machines. The aspect of manufacturing had gone hand in hand with urbanization as an increasing amount of people moved to urban areas producing a growing work force. With more and more people concentrated in one area it saw the decline…
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During the Middle Ages, the church heavily influenced medieval society. Many peoples’ lives revolved around and relied on the church. The church assumed duties that were usually associated with government. They owned land, charged taxes, operated courts, and ran schools. Often, high church officials who hoped to find a place in heaven donated large sums of money to the church, making the church the largest landowner in Europe. The church even had its own set of laws called the canon laws. Everyone was expected to obey, even the lords. If anyone were to go against these laws, they were to be excommunicated. Excommunication meant that the person was not aloud to participate in the church and also had some of his or her legal rights taken away…
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Medieval Technology and Social Change Oxford University Press first published Medieval Technology and Social Change in 1962. It discusses the technological advances during the medieval times and how these changes affected society. The book's author, Lynn White, Jr., was born in San Francisco in 1907. Educated at Stanford, Union Theological, and Princeton, White taught at Princeton and the University of California at Los Angeles. He was also president of Mills College in Oakland from the 1940s to the 1960s. His other works include Medieval Religion and Technology: Collected Essays, published in 1978 and Life & Work in Medieval Europe, the Evolution…
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TRADE IN THE FORM OF BARTER- In the second stage, wants of the family became more numerous and many families found themselves with certain goods and surplus and deficient in certain other goods. These families wanted to exchange their surplus goods for those goods which they did not possess. This gave rise to “exchange of goods for goods, i.e., Barter system. Thus this is the place from where commerce may be said to have begun. MONEY AS A MEDIUM OF TRADE AND TOWN AS THE CENTRE OF TRADE- Commerce reached into its third stage of growth when money was evolved as medium of exchange to remove the limitations of barter. Introduction of money began led to the extension of division of labour and specialization. People began to produce goods for certain local markets. Thus, division of labour was extended to a locality. Gradually a separate class of artisans and traders came into existence. They…
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The signing of the Magna Carta, the thousands of dead in a result of the Bubonic Plague, and the advancements in weaponry and battle tactic; each event played a role in the decline of feudalism. They each disrupted the social, economic, and political aspects of medieval Europe. One event that contributed to the decline of feudalism was King John’s signing of the Magna Carta. The Magna Carta, also known as the Great Charter, was a document that stated the laws and liberties that the serfs demanded. The King, of course, didn’t want to sign it. Who would want to give up their right to do whatever they wanted? However, he eventually realized that the barons were much stronger than him and could destroy his castles easily, so he signed the Great Charter to keep peace (Wendover). In doing so King John transferred some of his power to the serfs, giving them rights. The serfs depended less on the King because they didn’t need to worry about him taking away their land, their money, or sending them to jail. As a result, the serfs were more loyal to King John. The difference between ranks were lessened and everyone was more loyal to the king. Although this change does seem for the better (and it is) it’s not what feudalism is supposed to be. The signing of the Magna Carta caused this shift in power and loyalty, two very important factors in a feudal society, which caused it to decline. Another event that contributed to feudalism’s decline was the Bubonic Plague. This sickness was easily spread by ticks and infected rats. Thousands of people died from this disease most of which were serfs. The whole of society relied on them so without them, no one could get…
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