HISTORY
THE RENAISSANCE AND REFORMATION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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As trade and industry grew, cities grew
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the wealthy lost all their fortune
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minimum wage increased
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women joined the workforce
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Detailed explanation-1: -Developments such as population growth, improvements in banking, expanding trade routes, and new manufacturing systems led to an overall increase in commercial activity. Feudalism*, which had been widespread in the Middle Ages, gradually disappeared, and early forms of capitalism* emerged.
Detailed explanation-2: -During the high Middle Ages the European economy greatly expanded, leading to a revived cash economy and widespread trade and commerce. Towns and cities grew, and with them new centers of learning emerged.
Detailed explanation-3: -At the beginning of the middle ages they were trading luxury goods, but in the high middle ages, they would trade more common goods. The merchants prospered from the amount of money coming from trade, which would make them powerful.
Detailed explanation-4: -What contributed to the growth of towns in medieval Europe? Improved farming methods and the revival of trade with the east contributed to the growth of towns.