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Increased Growth Of Towns And Cities ....

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What did Charlemagne do for the economy of Europeans?

Charlemagne reintroduce coinage based on the old Roman denarius, and saw to it that there was no inflation. The denier he introduced was the basis for the English penny and a number of other coins used in Europe during the Middle Ages. This made trade easier and strengthened commerce.


Why was the revival of trade so important?

The revival of trade during the Middle Ages was crucial for economic growth, as it facilitated the exchange of goods, ideas, and cultures across regions. It stimulated local economies, led to the rise of merchant classes, and contributed to urbanization as towns and cities became centers of commerce. Additionally, increased trade links helped to spread innovations and technologies, ultimately laying the groundwork for the Renaissance and the modern economy.


Where did entrepreneurship start?

Entrepreneurship can be traced back to ancient civilizations, with some of the earliest examples found in Mesopotamia around 3,000 BCE, where merchants engaged in trade and commerce. Additionally, during the Middle Ages in Europe, the rise of guilds and trade fairs contributed to the development of entrepreneurial activities. The modern concept of entrepreneurship began to take shape during the Renaissance and the Industrial Revolution, as individuals started to take on more risks and innovate in various industries.


Which economic system existed in Europe during early middle ages?

Manorialism.


What led to growth and development of Venice's trade?

The growth of trade led to the rise of the first large trading centers of the later Middle Ages. (thats what it said in mi Text book :P) ~Sloane