Why was trade able to slowly reappear?

The Church used its power and wealth to limit feudal wars

Why could trade now happen?

Individuals could leave the manor because it was much safer

Which is NOT a reason that business and commerce transformed medieval society?

1/10th of a person's income was due to the Church as a tax

A written document that constructs the business environment of a town

Why did bank houses appear?

Merchants needed capital to buy goods and build their businesses

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Topic. 7.4A

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Questions 21

Answers

1
Who would be concerned with a charter?
All of the above
Townspeople
Monarchs
Lords
2
Why was trade able to slowly reappear?
The transition from wood plows to iron plows
The split of the Roman Catholic and Eastern Orthodox Churches
The Church used its power and wealth to limit feudal wars
Charlemagne's grandsons divided his empire into three sections
3
As trade reappeared, it was still somewhat unsafe for merchants to travel long distances.
False
True
4
Merchants developed practices to reduce risk, such as?
Bills of exchange/letters of credit
All of the above
Partnerships to take on high cost and large scale ventures
Insurance underwriting to protect against loss
5
Why were charters beneficial?
All of the above
It determined how business could be conducted in a marketplace
It determined how much tax would be paid to a local lord or monarch
It determined who the leaders of a business community would be
6
Guilds operated similar to the ______ of today.
Church
military
trade unions
government
7
Why could trade now happen?
Medieval cities developed
Charters were signed to protect the business environment
Individuals could leave the manor because it was much safer
The Lord desired goods not found on the manor
8
Why did coin money disappear after Roman times?
The manor system did not require an exchange of money for a good/service
The fall of the Western Roman Empire plunged western Europe into chaos
Feudal wars and invaders ravaged economies
All of the above
9
When somebody joins a guild, they start out as?
a serf
an apprentice
a townsperson
a partner
10
What caused the population of Europe to triple from 1000 to 1300?
Decline of feudal wars
Trade fairs and coin money
Changes in farming technology
Accumulated power and wealth of the Church
11
Merchant and artisans formed ___ , or associations to work together to develop industry standards and protect interests.
charters
apprenticeships
guilds
partnerships
12
What was the first sign of economic revival?
Banks houses
Insurance underwriting
Trade fairs
Coin money
13
Which is NOT a reason that business and commerce transformed medieval society?
Ordinary people were no longer tied to the farming economy
1/10th of a person's income was due to the Church as a tax
It replaced the Manor economy
A new class of merchants, artisans, and traders developed
14
Trade re-appeared in the late Middle Ages because of?
A decline in feudal wars
Justinian's Byzantine Golden Age
Traveling monks and nuns
Charlemagne being crowned Holy Roman Emperor
15
What is a charter?
A written document presented to a banker for payment
An official declaration dedicating oneself to monastic life
A written document that constructs the business environment of a town
An exchange of a fief for loyalty
16
Peasants who paid rent to the Lord became known as?
Tenant farmers
Serfs
Townspeople
Clergy
17
What allowed for farming techniques to employ horses over oxen?
All of the above
New harnesses
Business and commerce
Education
18
If one wanted to become a master blacksmith, one would join a?
Guild
Monastery
Feudal Contract
Charter
19
Wooden plows were replaced by?
Bronze plows
Iron plows
All of the above
Stone plows
20
How did coin money effect the feudal structure?
All of the above
Lords accepted payment from serfs, as they needed coin to buy luxury items
A new class of townspeople emerged
Peasants could sell goods and pay the lord rent
21
Why did bank houses appear?
Monarchs and powerful lords needed financing to build castles
All of the above
Merchants needed capital to buy goods and build their businesses
Tenant farmers needed additional capital to pay rent to the Lord

Topic. 7.4A Flashcards | StudBud