Manorialism.
Manorialism.
Manorialism.
The Hindu-Arabic numeral system is what we use today and it replaced the Roman numeral system in Western Europe during the Middle Ages.
Capitalists economic system
The system began in Europe due to a combination of historical, economic, and social factors. The region experienced the rise of trade and urbanization during the Middle Ages, leading to the development of complex social structures and institutions. Additionally, the Enlightenment fostered ideas about governance, individual rights, and rational thought, which contributed to the establishment of political and economic systems that prioritized these values. Furthermore, Europe’s colonial expansion and access to resources facilitated the growth of these systems.
growing economic power of merchants
People knew their roles in a rigid class system.
guild system of Europe in Middle Ages
The use of money increased, and a system of credit evolved.
money on the ground
the decline of agricultural economies
The organization of agriculture and economic production in Medieval Europe is referred to as the feudal system. This system was characterized by a hierarchy of lords, vassals, and serfs, where land was owned by nobles and worked by peasants in exchange for protection and a place to live. Manorialism, a key component of feudalism, defined the economic structure, focusing on self-sufficient estates called manors. This structure facilitated local governance and agricultural productivity during the Middle Ages.