Which answer correctly compares the first medieval merchants to merchants of the High Middle Ages?
answer
The first medieval merchants were peddlers who held little status or wealth, while merchants during the High Middle Ages formed guilds and often served in government council positions in their towns.
question
What was the role of pawnbrokers in the High Middle Ages?
answer
Making loans in exchange for property
question
Which of the following describes trade in the Late Middle Ages compared to the Early Middle Ages?
answer
Far-reaching
question
Which of the following is an example of a medieval guild?
answer
Merchants with common trade interests who joined together and formed associations for their mutual benefit
question
The guilds, banks, and money systems, which began in Medieval Europe,
answer
were the start of modern market economies and trade unions
question
During the Middle Ages, merchants, artisans, and their guilds contributed to the
answer
creation of the middle class
question
During the High Middle Ages, how did pilgrimages for the Crusades affect the economy?
answer
They stimulated the economy by increasing trade and creating a need for additional taverns and inns.
question
How did the formation of a middle class affect peasants during the Middle Ages?
answer
Peasants had an opportunity to move up in the social hierarchy by becoming artisans, merchants, or other types of professionals.
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