This group of Muslims established control of the Holy Land, leading to the First Crusade.
Who were the Seljuq Turks?
100
This group of trading cities on the Baltic and North Seas controlled trade throughout the region.
What is the Hanseatic League?
100
This is the term used to describe wealth that is earned, saved or invested to make a profit.
What is Capital?
100
This group of tradesmen would establish rules and training for skilled workers.
What is a craft guild?
200
This city, sacred to Jews, Christians and Muslims, was captured and controlled by the crusaders in the First Crusade.
What is Jerusalem?
200
In this manufacturing system, workers made parts of products in their homes, to be sold by a trader at the highest possible price.
What is the domestic system?
200
Merchants often did this in order to finance their trading enterprises.
What is gather partners to invest.
200
This system declined, because it was not a good system to encourage trade.
What is the manorial system?
300
This Muslim leader regained control of the Holy Land for the Muslims in 1187.
Who was Saladin?
300
In this type of economy, the individual, not the government or nobles, controls land, laber and capital.
What is a market economy.
300
A business that involves multiple investors is called this.
What is a partnership?
300
This right gave townspeople the freedom from having to work on a manor.
What is exemption?
400
This crusade led to the control of Constantinople by Europeans.
What is the Fourth Crusade?
400
This simple economic system involves the exchange of goods and services for other goods and services.
What is barter economy?
400
In order to do business in multiple locations, a merchant would receive this from a bank.
What is a bill of exchange?
400
These steps were expected for a tradesman to become a master craftsman.
What is apprentice, journeyman and masterpiece?
500
Because many European had sold their land to go on the Crusades, and many others died in the fighting, these became stronger in Western Europe.
Who were kings?
500
These new businesses that develped as a result of the revival of trade lent money to rulers, nobles and merchants to finance their activities.
What are banks?
500
This is the practice of charging interest on a loan. The Church forbid it during the middle ages.
What is usury?
500
Because of the growth of towns in medieval Europe, this group of people developed when ordinary citizens could begin to accumulate wealth instead of just nobles and land owners.