Discuss the Structures and Changes in Daily Life of the Ordinary

question 72

Essay

Discuss the structures and changes in daily life of the ordinary European medieval village in the High Middle Ages.How did most Europeans live, and what were the material factors shaping their behavior at the communal level?

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Definitions:

Demand and Supply of Wheat

The relationship between the quantity of wheat buyers are willing to purchase and the quantity of wheat producers are willing to sell at various prices.

Temporary Price

A price set for a product or service for a limited period before it is expected to change.

Surplus

The situation in which the quantity of a good supplied exceeds the quantity demanded, often leading to lower prices.

Shortage

A market condition when the demand for a product exceeds its supply at a specific price.