ECONOMIC RECOVERY SPARKS

CHANGE

Ch. 7, sec. 4

Agricultural Revolution

New farming technologiesUse of ironCrop rotation

More food

Population growth

Revival of Trade and Travel

Increased trade with Middle East and Asia (See map of trade routes-p. 46)

Trade Fairs Big cities in

Flanders (north) and Italy (south)Needed a charter

from the king

Growth in Business

Credit- idea borrowed from Muslim merchants

Investments Partnerships Insurance Serfs became tenant

farmers- paid rent

The Church in Business

The Church forbade Christians from lending money and collecting interest

Jews became moneylendersVery successfulProfitable

Resentment and prejudice toward Jews

Rise of Middle Class Merchants, traders,

artisans

Despised by nobles and clergy

GuildsAssociations based on jobMade big decisions on

town life

Becoming a guild member Apprentice

Children in training

7 years Journeymen

Paid employees Guild Masters

Town and City Life

Town surrounded by high walls Limited space within the wall Building grew taller to fit more people Neighborhoods separated by occupation Dark, filthy, crowded