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To what extent are economic shifts that originated in medieval Europe evident in today's economy?

Sagot :

On the surface, there are not many aspects of the medieval economy that are present in western, modern economies, however things like tax reform and debt payments could be seen as a connection.

Answer:

One noteworthy move is the law of supply and demand. After the Black Plague slaughtered in excess of 40% of Europe's populace, serfs were dealt with better and permitted more rights because of their recently discovered capacity to leave and join another estate.

Correspondingly, in the cutting edge economy, when specialists are rare organizations offer motivations, for example, higher pay or increasingly liberal advantage bundles to keep them.