Constantinople was a critical hub for trade and commerce in medieval Europe until the 12th century, serving as the gateway between Europe and Asia. Its strategic location along key trade routes facilitated the exchange of goods, including spices, silk, and precious metals, significantly influencing regional economies. The city's wealth and cultural exchange also attracted merchants and travelers, making it a melting pot of ideas and innovation. Additionally, the Byzantine Empire's strong economic policies helped maintain stability and prosperity in the region, further enhancing Constantinople's role in medieval Europe's economy.
Spain produces 90% of Europes's natural slate. Spain is the 9th largest economy in the world in GDP.
The medieval economy is driven by farming, and wealth was generally tied to the control of land. This type of economy is known as an agrarian economy. It is estimated that around 90% of the population lived in small villages and engaged primarily in activities such as farming, raising animals, gardening, tending orchards, and to a lesser extent fishing.
demesne
Give all your money to the church or they'd burn you at the stake
The trade routes that passed through Constantinople facilitated the exchange of goods, culture, and ideas between Europe, Asia, and Africa, making the city a bustling commercial hub. Its strategic location at the crossroads of these routes allowed for the collection of tariffs and taxes on goods, significantly boosting the city's economy. Additionally, the influx of diverse products and cultures enhanced the city's status as a center of trade and innovation, attracting merchants and travelers alike. This vibrant commerce ultimately contributed to Constantinople's wealth and influence in the medieval world.
Very much so. It may not traditionally be part of the "high" Middle Ages (c.11th-13th centuries), but it's every bit as medieval, a much underrated century without which the 11th wouldn't have happened and the 8th & 9th wouldn't have been nearly so fruitful. It retains an intermediate character, before European expnsion and the stabilisation of the new territorial kingdoms, but with feudalism (however that might be interpreted) on the rise in the west and economy, towns and trade showing signs of growth. It might almost be considered the most medieval century of all, which to those of us who consider the Middle Ages to extend from the fifth century to the fifteenth, it of course logically is.
ok
everything that people needed was grown or made on the manor
In the early 20th Century the American Economy was more industrial based. The American Economy in the 21st Century has seen an outsourcing of much of the industrial sector to economies that have "cheaper" labor. The current American Economy is more technologically and scientifically based.
a diversified worldwide commercial economy.
They had a diversified economy.
Stagnant