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The “Commercial Revolution” Medieval Society Comes of Age.

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Presentation on theme: "The “Commercial Revolution” Medieval Society Comes of Age."— Presentation transcript:

1 The “Commercial Revolution” Medieval Society Comes of Age

2 Why a “Commercial Revolution?”  Population Growth –Climate –Relative Peace –Agricultural Technology From Scratch Plow to Heavy Plow Three Field System and Fertilizers Horse Collar, Stirrup, and Horseshoe Mills –Rural Routines and Yields

3 How the Rise of Cities Challenged Medieval Values  Town, Country and Commerce  Urban “values” and medieval assumptions. –Commerce, work, and warfare. –Profit motives and the Church –“principles of fraternity” or Corporatism

4 Urban Communes and Government  Establishment of city governments –Charters and the written word –Communes and “liberties” –Corps or social bodies. –Organization of government  The relationship between town, kings, and the warrior nobility

5 Urban Industry  Towns and the Guilds –Guilds defined –Merchant and artisanal guilds  Social hierarchy within the guilds –Masters, journeymen, and apprentices.  The ‘unincorporated’.

6 Commerce and the Cities  The Fairs Commercial improvements notaries  Banking and Credit –The sin of “usury” –Partnership contracts –commenda –Money and Minting

7 Money Liards or copper coins  12 denier = 1 sous  20 sous = 1 livre (# £) Livre tournois  Louis d’Or (1/2 livre)


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