Why Did the Revival of Trade During the High Middle

question 117

Essay

Why did the revival of trade during the High Middle Ages occur as, and when, it did? Back up your ideas with supporting evidence.

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Definitions:

Trust Holdings

Assets held in a trust by one party for the benefit of another, including real estate, stocks, bonds, and other investments.

Tax Rate

The percentage at which an individual or entity is taxed on their income or property.

Employee Stock Ownership Plans

Retirement plans designed to give employees ownership interest in the company by allowing them to acquire stock, contributing to company success and employee benefit.

Tax Advantages

Financial benefits derived from specific tax laws or regulations that reduce the amount of tax payable to federal or state governments.