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ECONOMIC REVIVAL IN THE HIGH MIDDLE AGES

ECONOMIC REVIVAL IN THE HIGH MIDDLE AGES. OBJ: To trace the growth of trade & commerce by identifying circumstances favorable to economic changes. TOWNS WERE CENTRAL TO EUROPEAN RECOVERY AFTER THE 10 TH CENTURY. CATHEDRALS, MONASTERIES CRUSADES – PISA, GENOA, VENICE

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ECONOMIC REVIVAL IN THE HIGH MIDDLE AGES

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  1. ECONOMIC REVIVAL IN THE HIGH MIDDLE AGES OBJ: To trace the growth of trade & commerce by identifying circumstances favorable to economic changes.

  2. TOWNS WERE CENTRAL TO EUROPEAN RECOVERY AFTER THE 10TH CENTURY CATHEDRALS, MONASTERIES CRUSADES – PISA, GENOA, VENICE RELATIVE PEACE & STABILITY OLD ROMAN ARMY CAMPS ARTISANS & MERCHANTS DON’T FIT INTO FEUDAL SYSTEM COMMON CHARACTERISTICS: WALLED, MARKET PLACE, MINT TO COIN MONEY, COURT DESIRE FOR INDEPENDENCE

  3. MOVING AWAY FROM MEDIEVAL STRUCTURE • PERSONAL FREEDOM • PEOPLE + OPPORTUNITY= MEDIEVAL TOWNS • TRADE BRINGS MONEY TO AREA CONTROLLED BY LORD, ABBOT SO IN THEIR BEST INTERST TO ALLOW IT • NEED PERMISSION TO BUY & SELL FROM LANDOWNER • LIBERTY = CITIZENSHIP • OUTSIDERS COULD TRADE BUT HAD TO PAY TAXES • INCREASING LEGAL & POLITICAL RIGHTS GIVEN TO TOWN

  4. GUILDS – ORGANIZING ECONOMIC ACTIVITY • MERCHANT OLIGARCHY BASICALLY RULED THE TOWN • MERCHANT GUILDS: • KING HENRY II & CHARTER W/ MERCHANTS OF LINCOLN 1157 • AS LONG AS KINGS/LORDS SEE RELATIONSHIP AS BENEFICIAL WILL CONTINUE TO GRANT RIGHTS • CRAFT GUILDS: REGULATE PRODUCTION; SET STAND-ARDS, TRAINING & CONDUCT; APPRENTICE, JOURNEYMAN, MASTER; MOST MALE • ENTREPRENEURIAL SPIRIT • BAKER, BUTCHER, TEXTILES

  5. LIFE IN THE CITY 1 BIG MARKETPLACE HOUSES WERE ALSO SHOPS MADE OF WOOD & LATER STONE NO CITY PLANNER ALL SOCIO-ECO LEVELS SUMPTUARY LAWS: RULES FOR INHABITANTS MORAL STANDARDS PROPER DRESS, JEWELRY SPENDING RESTRICTIONS STANDARDIZED BUSINESS PRACTICES PROBLEMS: NOT ENOUGH METAL FOR COINS & USURY This elegant 14th century tapestry was designed by Nicolas Bataille to illustrate the vision of the Apocalypse by Saint John in the Biblical Book of Revelation.

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