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After crusades, many goods would be brought in. Allowing the merchants to buy, sell, and earn re money.(or barter)

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What were the class of merchants and businessmen that developed during the crusades called?

herd


What was the positive outcome of the Crusades on the economy?

The Crusades had, both, positive and negative outcomes on the economy. The Crusades aided in ending feudalism and bringing out the Renaissance. The Crusades pulling in the Knights to fight the wars left Monarchs in power and bringing in new, foreign, items made the merchants grow rich from the new trades.


Why did farmers and merchants dislike the bank of the US?

because the bank only benefit the rich


How might merchants benefit more under capitalism than under mercantilism?

Merchants can benefit more under capitalism than under mercantilism due to the increased emphasis on free trade and competition in a capitalist system. In capitalism, merchants have greater opportunities to innovate, set prices based on supply and demand, and access a broader market without the restrictive regulations and monopolies characteristic of mercantilism. This environment fosters entrepreneurship and allows merchants to maximize profits and diversify their offerings, ultimately leading to economic growth and consumer choice.


How did the Crusades help one class of people to become wealthy?

The Crusades significantly boosted trade between Europe and the East, leading to increased wealth for merchants and the emerging middle class. As European armies traveled and established connections in the Holy Land, they brought back valuable goods such as spices, textiles, and precious metals. This influx of trade not only enriched individual merchants but also stimulated the growth of towns and commercial centers, further enhancing the economic power of the burgeoning merchant class. As a result, the Crusades played a crucial role in shifting wealth and influence away from feudal lords to these new economic actors.

Related Questions

Which group was especially interested in winning the Crusades?

merchants :D


What group was especially interested in winning the Crusades?

Merchants was the group that was especially interested in winning the Crusades for some reasons. :)


What were the class of merchants and businessmen that developed during the crusades called?

herd


Did the Italian merchants expand their trade market because of the Crusades?

false


Why did European merchants fund the crusades?

Why do you spend money at an arcade? Same thing.


Is it true that the Italian merchants profited from the crusades?

i have no idea i am still trying to figure that out to.


How was a typical merchants reason for fighting in the crusades different from the reason prisoners and serfs participated?

Merchants participated, motivated by the possibilities of increased trade.


How did the European benefit the crusades?

cause they stole money


What was the positive outcome of the Crusades on the economy?

The Crusades had, both, positive and negative outcomes on the economy. The Crusades aided in ending feudalism and bringing out the Renaissance. The Crusades pulling in the Knights to fight the wars left Monarchs in power and bringing in new, foreign, items made the merchants grow rich from the new trades.


The British Parliament enacted currency legislation that was intended primarily to benefit?

British merchants


Why did farmers and merchants dislike the bank of the US?

because the bank only benefit the rich


How was a typical merchant's reason for fighting in the Crusades different from the reasons prisoners and serfs participated?

Merchants participated, motivated by the possibilities of increased trade.