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By: Jesse Mott, Becky Richards, Hayden White, Ethan Swanke, EJ Bernesser

By: Jesse Mott, Becky Richards, Hayden White, Ethan Swanke, EJ Bernesser . BARTER ECONOMY . Barter- To exchange one good or service for another. Example: If you were to give a chicken to Mr. Fessler , he would have to trade something of equivalent value. VERNACULAR.

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By: Jesse Mott, Becky Richards, Hayden White, Ethan Swanke, EJ Bernesser

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  1. By: Jesse Mott, Becky Richards, Hayden White, Ethan Swanke, EJ Bernesser

  2. BARTER ECONOMY • Barter- To exchange one good or service for another. • Example: If you were to give a chicken to Mr. Fessler, he would have to trade something of equivalent value.

  3. VERNACULAR • People with little education spoke Vernacular Languages. • It was everyday speech that varied from place to place.

  4. GUILDS • Guilds- An association of craftsmen in a particular trade. • Examples: Carpenters, Blacksmiths, Masons, and so many more.

  5. HANSEATIC LEAGUE • Hanseatic league- An alliance along the coast of Northern Europe that was used for economic gain.

  6. Usury • Usury- Over charging of interest on loans. • An interest rate that was higher then that set by the government.

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