How did money changers make traveling less dangerous?
They made it safe and convenient so that normal people didn't have to travel with their money so they did not have to be afraid of being robbed.
What three factors brought about a revival of learning throughout Europe?
List three factors that aided a revival of learning during the twelfth century.
Improved political and economic conditions, need for education, and copying the eastern style
. What were two of the earliest universities begun in Europe?
Where did we get our word bank?
Where did we get our word for bank?
From the Italian banca, which means “bench,” referring to the table of a moneychanger
.
What factors contributed to the growth of towns in medieval Europe?
What contributed to the growth of towns in medieval Europe?
Improved farming methods and the revival of trade with the east
contributed to the growth of towns.
What was the purpose of guilds?
Guilds are defined as associations of craftsmen and merchants formed to
promote the economic interests of their members as well as to provide protection and mutual aid
.
What was a guild what was its main purpose?
guild, also spelled gild,
an association of craftsmen or merchants formed for mutual aid and protection and for the furtherance of their professional interests
. Guilds flourished in Europe between the 11th and 16th centuries and formed an important part of the economic and social fabric in that era.
What did Humanists believe that they would learn by studying the classics?
Humanists believed that by studying the classics, they could
better understand people and the world
. Today we refer to the study of literature, philosophy and art as the humanities. Greek and Roman civilizations declined and fell long ago, but those civilizations continue to influence us today through the humanities.
How did new ideas and trade change people's lives in Europe?
The revival of trade help spread the domestic system of manufacturing from towns to the countryside;
increased borrowing and created a demand for bills of exchange, and encouraged investment in new businesses
.
What were some possible disadvantages of the three field system?
What are some of the disadvantages of the three-field system?
There were no fences between strips so weeds could spread easily and animals could wander
. Diseases could spread easily among farm animals as they all grazed together on the common. New farm machinery.
What ruling family built a strong base of power among the southern German states?
Hohenzollern dynasty
, dynasty prominent in European history, chiefly as the ruling house of Brandenburg-Prussia (1415–1918) and of imperial Germany (1871–1918). It takes its name from a castle in Swabia first mentioned as Zolorin or Zolre (the modern Hohenzollern, south of Tübingen, in the Land Baden-Württemberg).
What was the purpose of medieval universities?
A medieval university was a corporation organized during the Middle Ages for the purposes of
higher education
.
How did the rise of towns affect justice power and citizenship in medieval Europe?
They transitioned to a money system and the towns grew. How did the rise of towns affect justice, power, and citizenship in medieval Europe?
They moved from a feudal system to independant towns
.
How did medieval merchants make money?
Medieval merchants began to
trade in exotic goods imported from distant shores
including spices, wine, food, furs, fine cloth (notably silk), glass, jewellery and many other luxury goods.
What role did guilds play in the economic life of the cities?
Guilds played an important role in the economic life of cities. Each craft such as, tanners, carpenters, and bakers, had their own guild. The craft guilds
set the standers for many of the products made. They also set the price of the goods.
How did increasing trade affect society?
How did increasing trade affect society? As the demand for goods increased,
the number of skilled craftworkers in towns grew and education was back again.
What was the economic aim of crafts guilds?
Their purpose was
to limit the supply of labour in a profession and to control production
.
Why did the guild system decline?
The factory system developed into the character of the Industrial Era and which is still prevalent in the post-Industrial age. Gradually,
the growth of Science, technology, and Industrialisation increased
which led to the decline of the Guild System.
What was trade guilds?
Answer: Guilds were
influential producers' unions that educated craftsmen, retained output control, regulated competition and prices, and limited the introduction of new people into the trade
. The monopoly right to manufacture and trade in particular goods was given to them by the rulers.
Do guilds exist today why or why not?
They provided economic and social support for the transition from feudalism to capitalism. Finally they became outdated with the Industrial Revolution and the rise of capitalist corporations and trade unions, although
guilds still exist in some sectors today
, often by another name.
Did the guild system change women's role in the economy?
Did the guild system change women's role in the economy?
No
, women mostly stayed home and very few received wages of any kind for services performed.
How did humanists studies and ideas affect Renaissance life?
How did humanists' studies and ideas affect Renaissance life?
They put ancient ideas to practice but also tried to improve on the work of the Greeks and Romans
. Their beliefs included seperation of church and state, personal achievement over class or family status, and to question everything – even the church.
How humanism affects us today?
The goals of humanism remain as relevant today as they were in the 1940s and 1950s and humanistic psychology continues to
empower individuals, enhance well-being, push people toward fulfilling their potential, and improve communities all over the world
.
What did humanists stressed the importance of?
Humanists believed that
education could change humans
. Wrote books and opened schools based on their ideas. Believed that liberal arts take humans to full potential. They thought that students should learn history and philosophy and rhetoric, grammar, logic, poetry, math, astronomy, music, and Physical Education.
What are the advantages and disadvantages in our economy being involved in global trade s?
| International Trade Pros International Trade Cons | Faster technological progress Depletion of natural resources | Access to foreign investment opportunities Negative pollution externalities | Hedging against business risks Tax avoidance |
|---|
What was the result of the Crusades opening travel to the Near East and bringing back new goods?
What was the result of the Crusades opening travel to the Near East and bringing back new goods?
Trade to Western Europe grew
.
Why did money become more important in the Middle Ages?
Medieval Wealth
Peasants sold their goods to help them survive
, while kings and lords found ways to profit on their trade. Christianity was also the main religion of the times and the church became very wealthy due to that fact.
