Term
| Writen documents that set out the rights and privileges of a town. |
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| Lending money at interest |
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| Associations of merchants or artisians |
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| Trainee working to join a guild |
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| What was one result of new farming technologies and methods: a. They sold their land for cash, b. They took to the streets as beggars, c. decreased demand for non-farm goods, d. a rise in the status of farmers |
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| What course did merchants who needed capital follow: a. They sold their land for cash, c. they borrowed from moneylenders, d. they saved a little bit each year |
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| c. They borrowed from moneylenders |
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| Who dominated the economic and political life of medieval towns: a. apprentices, b. lords and vassals, c. merchant guilds, d. The cleergy |
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| How did merchants solve the problem of theft while on the road: a. they issued bills of exchange, b. they dealt only in coins, c. they set up partnerships, they sent all goods by sea |
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| a. They issued bills of exchange |
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| How did new ways of doing business reshape medieval society: a. the system of feudalism broke down and a middle class emerged, b. nobles gained even more power and merchants lost influence, c. The clergy ruled medieval towns and guilds, d. women were prohibited from carrying on trade |
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Definition
| a. the system of feudalism broke down and middle class emerged |
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