Leser fragen: Which Answer Correctly Compares The First Medieval Merchants To Merchants Of The High Middle Ages?

Which of the following describes trade in the late Middle Ages compared to the early Middle Ages?

The correct answer is – Far-reaching. The trade trends changed significantly from the begging of the Middle Ages till the later years of them.

What were medieval merchants like?

A Medieval merchant would often travel and traffic with foreign countries; a trafficker; a trader. A Medieval merchant would source his supplies and sell them to various customers via shops, markets or Medieval fairs. General Merchants were called Mercers.

What did medieval merchants?

Medieval merchants began to trade in exotic goods imported from distant shores including spices, wine, food, furs, fine cloth (notably silk), glass, jewellery and many other luxury goods. Market towns began to spread across the landscape during the medieval period.

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How did the formation of a middle class affect peasants during the Middle Ages?

Answer Expert Verified. The formation of a middle class did affect peasants during the Middle Ages because peasants had an opportunity to move up in the social hierarchy by becoming artisans, merchants, or other types of professionals.

What was the role of pawnbrokers in high Middle Ages?

The role of pawnbrokers in the High Middle ages was making loans in exchange for property. Basically the pawnbrokers offered secured loans to individuals against personal property.

What is another name for the Middle Ages?

the Middle Ages ​Definitions and Synonyms the period in European history between about the year 500 AD and the year 1500 AD. Things belonging to this period are described as medieval. The early part of this period is sometimes called the Dark Ages and the period after it is the Renaissance.

Why did nobles hate merchants?

The merchant, as a class, was discriminated against for not contributing to these essential duties, but rather for aiming to get rich himself. The nobility cultivated a disdain for the petty details of moneymaking and money-saving, which were the domain of the merchant.

What did medieval merchants do for fun?

The merchants had very little free time to have “hobbies.” The merchants would usually: Play cards. Play chess.

Who did merchants work for?

By the 15th century, merchants were the elite class of many towns and their guilds controlled the town government. Merchants almost always supported their king, as they needed stability for trade. In exchange, the king would encourage growth and trade.

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How did medieval merchants live?

Most medieval homes were damp, cold, and dark. Poorer merchants lived in their shops or stores. More prosperous merchants built nice houses made of brick. They would have glass windows, fireplaces, etc.

How did merchants become rich?

Merchants became wealthy and powerful by selling a variety of goods from faraway lands, dominating the town’s business life, and joining town councils.

How did the merchants make money?

Growth of merchant banking Merchants made their money from buying goods at low prices and selling them at high prices.

Why did money economy began to replace the barter economy in the high Middle Ages?

Money replaced barter as a medium of exchange during the Middle Ages because as trade expanded to cover greater distances, a unit of exchange became more important.

What are pilgrimages in the Middle Ages?

In the Middle Ages the Church encouraged people to make pilgrimages to special holy places called shrines. It was believed that if you prayed at these shrines you might be forgiven for your sins and have more chance of going to heaven. Others went to shrines hoping to be cured from an illness they were suffering from.

Why did craft guilds form in the Middle Ages 5 points?

The correct answer is D, as craft guilds formed in the Middle Ages to provide support for artisans who shared a trade. Guilds were merchant corporations; a habitual form of association during the Late Middle Ages.

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