Here is the last extra credit opportunity for the quarter. Listen to the following podcast from NPR's "Planet Money". Scroll down to under the picture and start listening at 3:17.
For credit, you should answer the following questions in your notebook. This is due by Friday, June 4th.
- Who actually had local authority in the 12 and 13th centuries?
- What does the professor equate knights to? Do you agree with his analogy?
- What was the role of the peasant on the knight's land?
- What was the purpose of the guild system?
- Why did the guild system begin to breakdown in the 14th and 15th century?
- Why was specialization of labor frowned down upon by the guild?
- Why did the guilds limit the number of members?
- Why didn't guild members just mass produce their goods to gain wealth?
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