Chapter 5 section 2 Flashcards

1
Q

German trading cities joined together to form this league.

A

Hanseatic League

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2
Q

the Hanseatic league was formed becuase

A

Germany’s weak central government could not control trade

increase trade

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3
Q

how many cities became a member of the hanseatic league

A

100

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4
Q

dyes, medicine, silks, and spices are all examples of

A

luxury goods

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5
Q

cotton, cloth, linen, and art objects

A

manufactured goods

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6
Q

goods and services were exchanged for other goods and services without using money

A

barter economy

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7
Q

the system of manufacturing that developed during the middle ages…. Downsides
Small space
not much produced

A

domestic system

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8
Q

wealth that is earned, saved, or invested to make porfits

A

capital

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9
Q

land, labor, and capital controlled by the individuals

A

market economy

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10
Q

charging interest on loans

A

usury

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11
Q

Several German cities joined together to form the _______, which regulated trade when the German government was too weak to do so.

A

Hanseatic League

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12
Q

the ______, a series of military expeditions , spurred a revival of trade and led to economic growth throughout western Europe

A

crusades

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13
Q

manufacturing that took place in workers’ homes rather than in a shop or factory was called the _____

A

domestic system

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14
Q

at medieval fairs, business was first done through a _________, where goods and services were exchanged for other goods and services without using money.

A

barter economy

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15
Q

the practice of _______, or charging interest on loans, was forbidden by the Christian church.

A

usury

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16
Q

manufacturing, banking, and investing were the first steps toward a _________ where land, labor, and capital are controlled by individual persons.

A

market economy.

17
Q

European merchants made their highest profits from selling ______ goods, such as dyes, medicines, and silks and spices

A

luxury