101
Module HY 7 Assignments
Name: John Pickering
The revival of trade during the High Middle Ages relied upon the emergence of guilds an association of
people with common interests and concerns, especially people working in the same craft. Medieval
guilds laid the foundation for modern-day professional and trade associations, many of which are familiar
to you, no doubt.
Complete the chart below, and then answer the compare and contrast portion.
Purpose, Goals, &
Function
Medieval Guilds
Regulation of Trade
Quality Assurance
Workers Rights
Compare Modern
Guilds with
Medieval Guilds
Contrast Modern
Guilds with
Medieval Guilds
Long-term impact on
commerce and
Western civilization
Modern Trade Union
Name: OPEC (Organization of
Petroleum Exported Countries)
Name of the
Organization
Prices
Modern Professional
Organization
Fixed price, regulated
strong
No
Name: SEIU (Service Employees
International Union)
Tries to fix prices by
controlling output.
Some
Yes
Tries to alter prices to
benefit members
none
Yes, also supports
quality assurance for
nursing homes.
Fight for more rights
for workers. Still have
right to individual
freedom.
Right to hand down
Right to individual
goods, sell property,
freedom.
freedom from military
obligation to lord. Right
for serfs to be freed after
one year and one day
away from lord.
Both modern and medieval guilds involve people trading in order to make
a profit. They also both involve workers constantly fighting and
campaigning for their rights as workers and as individuals.
All people are citizens in modern guilds as opposed to only men in
medieval guilds. Not as much reliance on agriculture in modern times as
there was in medieval times. The common man has more of a voice in
government in modern times compared to the rich having most of the power
in medieval times.
Development of large
Regulated exports of
Prevention and of
towns cities with
petroleum to prevent
mistreatment of bluetrade and commerce.
overuse of overpricing
collar workers
of petroleum
HY 101
Module 7 Assignments
The development of industry and the rise of Medieval towns are synonymous. Write a response
that explains how the rise of the wool industry lead to the creation of Medieval towns and cities, i.e. what
the relationship is between the two.
Your response should not be more than 250 words. Any text beyond 250 words will not be graded.
The rise of the wool industry directly led to the rise of medieval towns. The growing importance
and value of wool led to a lot of trade between many medieval towns. This trade of wool created
economic prosperity and eventually began to create medieval towns and cities. Flemish towns were the
basis of these trades north of the Alps, especially in the trade of wool. As a result of the vast exchange
and sale of goods, new trading companies were set up to manage these trades. This led to the emergence
of a money economy in a system known as commercial capitalism. Commercial capitalism is the process
in which people trade amongst other in order to make a profit. The trade led to an increased demand for
agricultural products. This allowed the merchants, peasants, and artisans to make a better living because
they could sell their agricultural goods for a greater price. Because of all of the trading that was
occurring, merchants needed a place to store their goods. Therefore, they established strongholds such as
castles or monasteries near good trade routes. This great increase in the economy and trade allowed
medieval towns and cities to develop. At the root of all of this thriving economy is the trade of the
Flemish woolens throughout the medieval towns. The rise of the wool industry created the economic
prosperity to allow the creation of medieval towns and cities.