Unit 7 Flashcards
When did the Renaissance start
1350
What does Renaissance mean?
Rebirth
Business organization created to promote and protect a certain trade/craft in a community or religion
Guilds
What class rose at this point in time (lower, middle, high)
Middle class
The rise of the middle class started the professions of
Business people- merchants, bankers, and craftsmen
What was the economic system that was based on using Capitol (investment money) where prices are determined by the markets
Capitalism
What was the demand for a product and the supply available
Market economy
What was the change of the feudal economy to money(market) economy
Commercial revolution
New _____ and ______ were created because of the revival of trade after the crusades
Markets and towns
What freed serfs of their manors
Made money economy replaced land ownership as the means of wealth
End of feudalism
Organization of trading merchants from large cities located in Northern Europe
Henseatic League (Northern Europe- Batic Sea)
Dominated trade between Asia and Europe
- Venice, Geneoa, and Naples
- very independent
Italian city states (Southern Europe- Mediterranean Sea)
What was reborn in Europe
Greek and Roman learning
What did Greek and roman learning give to the Renaissance
Art- philosophy, literature, science
People became more creative in general
How do Asian ideas spread to Europe
Through trade with the Muslims