There was a lot of diversity with the merchant class in the Middle Ages. These merchants became wealthy in their own right, owning grand homes of their own comparable to the best in the land. They … ISBN 978-0-472-06072-6. The merchants sought to protect their wealth by controlling the government and marrying into noble families. The 13th and 14th centuries saw a tremendous growth in commercial activity, and a consequent restructuring of society, away from the feudal system. The expansion of trade and business in Europe during the Middle Ages is known as the. During the middle ages or the medieval period, the society was divided into several different classes which were based on their importance in society and kingdom. The growth of trade and the merchant middle class went hand in hand with the growth in towns. Medieval period of the Middle Ages. Merchant Guilds in the Middle Ages The system of Feudalism during the Middle Ages allowed the lords and owners of the land to tax the people and their trades. By buying in one place and selling in another they prospered in so far as they provided a service to the classes of those societies—including the agrarian ruling classes. The nobles were disdainful of the merchant class, who gained wealth in industries like wool processing, shipbuilding and banking. The problem is, leaving the massive spatial and temporal scale aside, whether one can actually speak of a "merchant class" in the Middle Ages, at all. The dictionary definition of merchant at Wiktionary A merchant class quickly developed once feudalism was established in Europe. University of Michigan Press. 12 Issue 8, pp548-557. A merchant- class town dweller in medieval Europe was called a. guild. The merchants emerged as a class within pre‑capitalist agrarian societies. Williams, E. N. "Our Merchants Are Princes": The English Middle Classes In The Eighteenth Century" History Today (Aug 196) 2, Vol. Just like there is with businessmen today. External links. Commercial Revolution. As trade increased in the Middle Ages the taxes became excessive. ... Chapter 13 European Middle Ages Building Vocabulary 34 Terms. The Merchant Class of Medieval London, 1300-1500. Trade routes grew, though roads remained poor and dangerous, so most goods were transported by water. Changing attitudes towards trade and the merchant class marked this period. Medieval Merchant Culture; Medieval Merchant Culture. The merchant and the Middle Ages Issue: 115. A new class emerged during the Middle Ages; the merchant. Under that system, in theory the King was at the apex, and he had vassals that owed him fealty and they had sub-vassals who owed it to them, and so did they, and so on down to the lowliest peasants. salix_weeping_willow. 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