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Merchants became more powerful than feudal lords and local nobility as trade expanded during the late Middle Ages and the Renaissance. Their wealth from commerce allowed them to gain influence, fund political endeavors, and establish powerful trading companies. This shift contributed to the rise of a capitalist economy and the decline of the feudal system, as merchants increasingly played a key role in shaping economic and social structures.
What else can I help you with?
How did merchants become the most wealthy and powerful of towns?
Because the towns grew larger and more money was made.
How did merchants become the most wealthy powerful members of towns?
Because the towns grew larger and more money was made.
What advantage did English and Dutch merchants have over the Portuguese merchants?
The English and Dutch merchants had more powerful and faster ships, joint-stock companies and cheaper ships.
What allowed Venice to become a major city during the renaissance?
It was a powerful city state of merchants and bankers with sea access.
How did the Aztec Empire grow and become more powerful?
how did aztec empire grow and become powerful
What did the British do to become more and more powerful in India?
you answer it
What become important to the merchants in the middle ages as trade increased?
The most important thing that become more important to merchants were food, clothes, land, and money (coins).Most merchants and craftsman, became more talented in inventing new tools and technology, and they would trade them for higher quality things.
Which guild in pre1355 Siena was most powerful?
Merchants
Why the Iroquois formed the Iroquois confederacy to become more powerful?
because Iroquois were powerful
What happens if hemophilia b gets diagnosed as hemophilia a?
it will become more superstitious or it will become powerful.
When did Greece invade other places?
to become more powerful and larger
What was the British East India Company and how did it become so powerful in colonial India?
It began when Elizabeth I granted a company of 218 merchants a monopoly of trade to the east of the Cape of Good Hope in 1600.
