INDUSTRIAL REVOLUTION
DECLINE OF FEUDALISM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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from imported luxury goods to more local items
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from food and clothing to precious metals
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from farm equipment to tools for building houses
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from one-of-a-kind homemade items to factory products
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Detailed explanation-1: -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. Hence, Option A is correct.
Detailed explanation-2: -Important goods included wool, salt, timber, beer and wine. At the same time, trade with the East was mostly in imports since these regions had their own native agricultural classes. The real impact of the new trade routes were to increase trade across Europe.
Detailed explanation-3: -In addition to barter, which continued throughout the Middle Ages to be a part of local trade, another main method of economic exchange entered the mercantile realm: coinage, or money, as the medium. Already in the ninth century, coins were coming into increasing use in medieval Europe.
Detailed explanation-4: -Tradesmen called merchants commonly traded items such as salt, iron and textiles. There were also rarer items, such as silk and spices, that came from trades in China and the Middle East. With time, craftsmen produced cloth, made shoes, became brewers (beer makers), made glass and shaped stones for buildings.
Detailed explanation-5: -Traders of wool, cloth, spices, wine, and all manner of other goods gathered from across France and even came from abroad, notably from Flanders, Spain, England, and Italy.