Good Morning!  Wednesday 9/7

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Presentation transcript:

Good Morning!  Wednesday 9/7 Lets skip the journal today since it’s a short class period In Class Today: Answer questions on yesterday’s notes (Day 3) Finish the notes: Day 4 Finish the study guide You really need to look at this & find any questions you do NOT know Test tomorrow

Economic Recovery Agricultural Revolution Technology Changes Iron plows horse drawn plows Production Growth Land clearing Crop rotation More food-more people

Economic Recovery cont. Trade and Travel Feudal wars and invasions slow Crusades sparks interest in trade The manorial system not sufficient Trade routes develop-Constantinople? Trade companies develop Hanseatic League Common way to protect trade Exchange of goods and ideas begin!! Towns and Cities Grow As merchants traveled to trade fairs, cities develop Merchants gain charters for new cities With cities come city problems Manors eventually lose purpose

Economic Recovery cont. The Commercial Revolution Trade brings the need for money, credit, and banking systems Partnerships are formed Limits financial responsibility of one person Insurance companies formed Early forms of checking deposits develop Revived Economy Brings Social Change Peasants sell farm goods to cities in exchange for money Peasants give money to lords instead of labor-birth of “tenant farming”

Economic Recovery The New Middle Class The Birth of the Guild Development of Merchants, traders, and artisans Not liked by Nobles and Clergy The Birth of the Guild Associations of workers - early unionization Merchant Artisan Merchant guilds yield significant political power within the city-remember charters? Artisan and Merchant guilds often in conflict Guild Membership Apprentice Journeymen Master (if lucky) Women? YES!

After the notes Study guide! Use your book & your notes to fill out your study guide Remember, the purple font on the notes are test questions/answers Due to the drills, weather day, & my absence…let’s skip the WB for this chapter.