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Middle Ages Economy
Beginning of paper
The economy mostly seen in the early middle ages was feudalism, Europe’s form of government
in the Middle Ages, was developed in the fifth century to meet the changing needs of the time. It
was based heavily on the honor system. The king had overall power, then the lord, then the
vassals, or landowners, and finally down to the peasan .... Middle of paper
.... or were abandoned entirely. The decreased agricultural output could no longer support
the same level of economic activity and, as early as the middle of the thirteenth century, the
economy was beginning to weaken. By early in the fourteenth century and continuing well into
that century, a declining population, shrinking markets, a decrease in arable land and a general
mood of pessimism were evidence of deteriorating economic conditio ....
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Number of words: 645
Number of pages: 3 (approx. 250 words per double-spaced page)
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