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02.05 Guilds and a Changing Economy: Assessment
Transcript of 02.05 Guilds and a Changing Economy: Assessment
The first interaction, shows a cobbler selling shoes that he has made for another man. The cobbler is a shoemaker in the middle class that sells the shoes he makes in his workshop. This reaction shows social changes via the cobbler being part of the middle class whereas there was no middle class before the middle ages.
The second interaction, it shows a merchant selling goods, with coins used as payment. After the fall of Rome uses of coins declined. But in the high Middle Ages money replaced barter and people bought sold goods with money. This reaction shows economic changes where a money economy replaced the barter economy of the early middle ages.
The last interaction, it also shows a man selling his goods. He is selling what it looks like is pottery, some of which could be porcelain. Porcelain pottery was imported from China. Traveling merchants would go from town to town with goods to sell. This interaction would be a economical change. It would benefit the economies is China as well as in Europe. Because of traveling merchants the trade and economy flourished in China and Europe.