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Revival of Towns and Trade

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Revival of Towns and Trade Improvements in Farming Two Field System 600 Acres Planted 300 Acres Fallow 300 Acres Revival of Towns and Trade Improvements in Farming ... – PowerPoint PPT presentation

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Title: Revival of Towns and Trade


1
Revival of Towns and Trade
Improvements in Farming
Two Field System 600 Acres
Planted 300 Acres
Fallow 300 Acres
2
Revival of Towns and Trade
Improvements in Farming
Three Field System 600 Acres
Wheat or Rye 200 Acres
Barley, Peas, Oats, Beans 200 Acres
Fallow 200 Acres
3
Revival of Towns and Trade
Population of Europe
42 Million
30 Million
1150 AD
1000 AD
4
Revival of Towns and TradeTowns and Towns People
Burgh - A walled Town Burgher - A person who
lived in a town Bourgeoisie - Town dwellers in
France. Later evolved into the
Middle Class
Rights of Towns People
  • Freedom from feudal system
  • Exempted from service on a manor
  • Guarantee of town justice
  • Commercial privileges

5
Characteristics of Medieval Towns
1.Usually located on top of a hill or
on a riverbend and surrounded by a wall 2.
Population generally 5000-10,000 3. Usually had a
cathedral, town hall, and guild halls. Streets
were dark and dirty. Plagues often swept
through towns.
6
Medieval Guilds
  • Merchant Guilds - Formed by merchants in a town.
  • Members had monopoly rights
  • Set standards of quality for members
  • Provided welfare and charity for members
    families
  • Craft Guilds-Associations of a particular trade
    or craft
  • Set prices for goods and services
  • Regulated wages, hours, and labor conditions
  • Established an apprentice system for training
    masters

7
Steps to Become a Master Craftsman
Apprentice
A young boy moved into the home of a master who
was paid by the childs parents. He worked for
the master for 3 to 12 years without pay.
Journeyman
After apprenticeship, the young man became a wage
earning worker in the craft or trade.
Master
A journeyman became a master when he produced a
masterpiece as judged by the craft guild. Only a
master could join a guild. He then could go an
begin his trade in a new town.
8
Revival of Towns and TradeBanking and Trade
Usery - Loaning of money for interest. Forbidden
by church. Jews began lending money. Banks were
formed which allowed long distance
trade. Hanseatic League - A trading league of 70
northern European cities formed for mutual
protection Letters of Credit - Notes issued by
banks which guaranteed payment. Allowed traders
to do business in other cities without carrying
money Capitalism - Economic system in which
individuals invest wealth in order to produce
profits.
9
Trade Fairs
Local Fairs - Small community fairs where local
merchants exchanged goods Great Fairs - Large
trade fairs held four times a year in which
traveling merchants sold goods from throughout
the world. They created a large demand for
eastern goods and led to wide trade.
Flanders - Region of northern France where major
trade routes met. Champagne - Region of
north-central France where great fairs were held.
10
Medieval Education
As towns grew, associations for learning and
teaching were established and became known as
Universities The major universities
were University of Paris - Liberal
Arts University of Oxford - Liberal
Arts University of Bologna - Roman and church
law University of Salerno - Medicine
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