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Trade:
One of the effects of the Crusades is that crusaders brought back with them
exotic spices, soft silks, scented soaps, glorious tapestries, colorful
rugs, and other luxury goods. Everyone wanted more of these wonderful luxury
goods, including the king. But how to get them? That was the question asked
by kings and nobles across the land. The answer was trade.
In
order to trade, you would need
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Strong ships
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Traders - people to do the actual trading
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Something to trade - everyone wanted luxury goods,
but what did Western Europe have to offer in return?
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Storage - a safe place to store your goods
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Marketplace - a place to offer your goods for sale
The
Marketplace: While lords and kings considered the problem of how
to trade profitably, serfs and peasants acted. The roads were filled with
traders carrying goods to market. The marketplace was a local affair. It was
held each week. Local goods were traded. In the beginning, people bartered
for goods.
Trade
Fairs: Soon a new kind of marketplace appears -
the trade fair. A fair was a big deal. A fair might last for two weeks. To
hold a fair, you needed a grant from the king or from the fief owner - you
needed permission. Often there was a tax that sellers had to pay to the
landowner or to the king to be able to sell their wares. Sellers were in
effect renting a space at the trade fair for a two week period. People
probably fussed about the tax, but they had to admit it was fair, and they
paid it. That gave the landowners a new form of income. The
fairs were held outside, open to the elements. Goods were displayed in the
rain, snow, sleet, and mud. Sellers had no choice really. They had paid a
fee. They needed to sell their goods. The
fair attracted pickpockets and other petty thieves. Some sellers rented
space in homes to protect their goods. Some slept near their goods to
protect them. Some people spent the night in inns, sheltered from the
weather. Fairs were noisy, dirty,
exciting places. Musicians, jugglers, and entertainers worked the fair for
the coins tossed at them. Sellers hawked their wares. Buyers bargained
loudly. The people loved them.
Banks
and Money
Map:
Medieval Trade Routes
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