Commercial Revolution Aim/Goals: Why did geography influence the development of major trading centers? Do Now: NYC is a major trading center. Using the world map, discuss in a few sentences what advantages does NYC have for trading? Homework: You are a merchant between the years AD traveling along the trade routes. In a paragraph, describe the difficulties and dangers you face.

Document #1 “A Growing Food Supply” Read “Why did the food supply increase?” Answer the following question: 1. Give three reasons why the food supply increased. The three reasons why the food supply increased was __________________ The three reasons why the food supply increased was ____________________________________________________________________________________

Agricultural Revolution New farming technologies iron plow harness windmill three-field system iron plow harness windmill three-field system Increase in food production 4 Population explosion Between 1000 and 1300, the population of Europe doubled.

Document #2 “The Guilds” Read “What were the guilds?” Answer the following question: 2. What were two kinds of guilds? The two kinds of guilds are The two kinds of guilds are__________________________________________________________________

Medieval Guilds Guild Hall   Commercial Monopoly:  C ontrolled membership apprentice  journeyman  master craftsman  Controlled quality of the product [masterpiece].  Controlled prices

Document #3 “The Commercial Revolution” Read “Why did trade and finance increase?” Answer the following question: 3. How did ways of doing business increase? Ways of doing business increased because Ways of doing business increased because____________________________________________________________________.

A Commercial Revolution The revival of trade led to a revolution in commerce. As trade revived, merchants needed money to buy goods. The reintroduction of money led European merchants to develop new business practices, such as - setting up banks - joining together to set up partnerships - developing insurance - adopting the bill of exchange 4

Document #4 “Why did towns grow larger?” Read “Why did towns grow larger?” Answer the following question: 3. Why did peasants move into towns? Peasants moved into towns because ___________________________ Peasants moved into towns because ___________________________

Trade in Medieval Europe, 1000– 1300 Europe’s growing population needed goods that were not available to them. As foreign invasions and feudal warfare declined, trade increased. Key Cities: Genoa, Italy Venice, Italy Canton, China Cairo, Egypt 4