Economic Life and Growth of cities in middle ages outline

Economic Life and Growth of cities in middle ages outline -...

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Economic Life and New Cities in the High Middle Ages Economic Revival and the Growth of Cities Decline of Feudalism and Decline of Manorialism (12 th -13 th centuries) Cultural Life and the Emergence of Universities New Base of (Urban) Power for Kings Extreme localization and decentralization made way for commercial trade, commerce, money Made new coins Village economy Urban Economy—undermined feudalism Decline of feudalism and minoralism enhanced the power of Kings—gradually became connected to the cities and the money produces leads to monarchies Emergence of town life fostered the revival of learning New architecture great gothic cathedrals 1. Agricultural Revolution (middle of 11 th century—13 th century) Agrarian prelude to economic expansion of towns New Agricultural Technologies: Heavy plow and Horse Collar Three Field System, Rise in Food Production (New Markets) Cash rents, More autonomy for peasants Rapid production of more food
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