Economic revival in the high middle ages
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ECONOMIC REVIVAL IN THE HIGH MIDDLE AGES PowerPoint PPT Presentation


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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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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 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


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


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


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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