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Economy
the financial state and handling of goods
The economy in the Middle Ages was based on feudalism, essentially the same concept as Manorialism. A lord's profits depended on the land on which his peasants worked. During the High Middle Ages, a small global warming made a significant difference in the ease in which the land could be farmed, and as a result, production, the economy, and population increased. Production of new iron tools rose and one's wealth could depend on the amount of iron he owned.
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