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Middle Ages Economy
Part 1 of Paper
....he Middle Ages, was developed in the fifth century to meet the changing needs of the time. It
was based heavily on the honor system. The king had overall power, then the lord, then the
vassals, or landowners, and finally down to the peasants, known then as the villeins. The fiefs, or
estates, could be rented out t.... Part 2 of Paper
....ame level of economic activity and, as early as the middle of the thirteenth century, the
economy was beginning to weaken. By early in the fourteenth century and continuing well into
that century, a declining population, shrinking markets, a decrease in arable land and a general
mood of pessimism were evidence of deteriorating economic conditions. This trend was far from
universal and it was certainly less severe in northern Italy. Also, north of the Alps, some
communities quickly rebo.... |
| Number of words: 645 - Approximate pages: 3 |
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