By Edwin S. Hunt, James Murray
A historical past of industrial in Medieval Europe, 1200-1550, demolishes the generally held view that the word "medieval business" is an oxymoron. The authors overview the whole variety of industrial in medieval western Europe, probing its Roman and Christian historical past to find the industrial and political forces that formed the association of agriculture, production, development, mining, transportation, and advertising. Then they take care of the responses of businessmen to the devastating plagues, famines, and battle that beset Europe within the overdue heart a long time. Medieval businessmen's impressive good fortune in dealing with this antagonistic new atmosphere ready the way in which for the commercial enlargement of the 16th century.
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Additional info for A History of Business in Medieval Europe, 1200-1550 (Cambridge Medieval Textbooks)
Before the Black Death At the end of the twelfth century, most textile production in western Europe was still accomplished by rural or urban family-based crafts for domestic or local consumption. But we have already seen in the previous chapter that the growing appetite for competitively priced readymade goods in the burgeoning cities and the increasing export demand for fine-quality cloth had given rise to the industrialization of the process in certain regions. And this industrialization affected not just the manufacture of cloth in the towns of the Low Countries, southern France, northern Italy, and England.
In return, the northern merchants offered an array of woolen textiles, from ordinary to luxury, finished and unfinished; but their total value was inadequate to balance the demand for southern goods. That balance was largely made up by silver, both bullion and coin, made available in ample quantities from the new and exceptionally rich mines at Freiberg. Thus began what was to become a fixture of medieval long-distance trade, a large and persistent shortfall of merchandise movement from north to south, made up by quantities of silver and, to a lesser extent, of gold.
One was the introduction of the spinning wheel into western Europe in the twelfth and thirteenth centuries. The spinning wheel increased the productivity of wool spinning over the traditional drop-spindle by at least three times, but its use was limited mainly to weft yarns and was banned in many places for spinning warp yarns. A second great advance was the spread of the treadle-operated horizontal loom during the twelfth century, which permitted efficient manufacture of cloths of much greater length and tighter, more uniform weave than the old vertical loom.
A History of Business in Medieval Europe, 1200-1550 (Cambridge Medieval Textbooks) by Edwin S. Hunt, James Murray