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10/12/11
From Feudalism to A Money System
Medieval Economy — Feudalism and Manorialism: "The decline of feudalism can be marked by the crusades. After the Crusades, a demand was put on the production of goods, and a money system was introduced. Many peasants that worked the fiefs of nobles moved to the cities and towns in order to seek out a better future. This left the vassals of smaller fiefs unable to compensate the remaining peasants on the land for their work. As a result, vassals had to return to fighting as a knight in the service of nobles in exchange for the fees that the nobles would give. Even this was difficult due to the advent of money, since it was much easier to hire someone to organize an army than to hire a knight, whose services were required for only 40 days out of the year. Also, land was becoming scarce, so money became a natural substitute. With the remaining vassals, lords found it more effective to pay a vassal an annual fee. Vassals than had loyalties to more than one lord in order to receive more money, and confusion among loyalties occurred. However, feudalism was on its down and would soon be replaced by the money system."
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