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http//www.uncp.edu/home/rwb/lecture_mid_civ.htm
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Economic Expansion

• Agricultural Advances

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Agriculture Improved Growth of Towns and
Increased Trade
MORE FOOD MEANS LARGER POPULATION
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Economic Expansion

• Expansion of Trade

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Expansion of TradeTowns Mean More Trade
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Organization and Trade Routes

• Western Europe began to trade with the
  Mediterranean, Eastern Europe, Scandinavia, the
  Middle East and Asia.
• Italian cities like Venice and Genoa controlled
  the Mediterranean.
• Flanders (Northern France) became the center of
  trade in Northern Europe.
• Champagne (France) held the most famous trade
  fair in Medieval Europe.

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http//www.ucalgary.ca/applied_history/tutor/endmi
ddle/economy.html
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Economic Expansion

• Banking

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Barter Economy - OUTMoney Economy - IN

• Barter Economy trade goods or items for other
  goods or items.
• Money Economy currency in exchange for goods.

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Establishment of Banking and Money Exchange

• Money Changers Exchanged value of one form of
  currency for another.
• Banks (from banca meaning bench)developed methods
  to
• Transfer funds from one place to another.
• Receive deposits.
• Arranged loans.

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Effects of Economic Changes

• Feudalism is weakened.
• Manorialism is obsolete.

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Questions