Medieval Trade and Commerce

Click on the flashcard to see the answer



What role did the Hanseatic League play in medieval commerce?

The Hanseatic League was a commercial alliance of merchant guilds and market towns in Northern Europe that dominated trade in the region from the 13th to 17th centuries.

How did the advent of banking impact trade in the Middle Ages?

Banking revolutionized medieval trade by providing credit, reducing the need for cash transactions, and facilitating long-distance trade finance.

What were some key products exchanged during the European medieval trade fairs?

Medieval trade fairs in Europe saw exchanges of wool, cloth, spices, wine, and other artisan goods.


Understand Better