Economy in the Middle Ages

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1) Economy a) The economy within the population i) The higher class ii) The peasant class iii) The ``new`` middle class b) Guilds i) The creation of the guild ii) Purpose of the guilds iii) The Merchant guilds iv) The crafts guilds v) The Hierarchy of the guilds vi) Women in guilds c) Trade routes i) Expansion of Europe ii) The rise of trades and towns iii) Trades and Trade routes d) Economy within large towns i) Buying secrets in cities ii) The secret sales of guilds iii) Legal manufacturing outside of cities The economy in the middle-ages took different forms according to the class. The peasant’s known as poor, the higher class known as rich and the newly formed middle class who changed the shape of the middle-ages economy forever. The higher class: In the Middle Ages society as well as economy was split into several classes, one of which was the higher class. The higher class originally came from the destruction that was left after the passing of the Roman Empire. Soon kings and nobles were the first to find a piece of land and establish themselves on a piece of land. Throughout time monarchies were maintained by their lineage nobles were entitled to their statute by being born into a noble family. Nobles became an important part of the middle ages. Being noble entitled you to much more than the common man. This applied in all aspects of society including economy. The nobles across Europe possessed a great portion of the king’s land, they made the land safe for any peasant looking to work under their rule. Through fear as the middle-ages were dangerous times the peasants often flocked to these lands. However, throughout time often the growing power of the noblemen often caused corruption, this corruption lead to greed and cruel treatment of peasants. The nobles not only were very wealthy due to their statute, but also
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