Struggling to be released from the burden of debt to the Bank of England, the colonists established the Massachusetts Bay Company, printing its own home-grown paper money ina currency not backed by silver or gold.
These changes were both positive and negative and contributed to conditions favorable to the decline of feudalism, the end of the Middle Ages and the emergence of the Renaissance.
The most obvious cultural influences were seen in the art and literature of this period. In 14th century Europeartistic and literary expression took on a dark humor and tone in order to cope with the tragedy.
For instance, the Italian Boccaccio set his Decameron in the plague year, Keys Boccacio and Chaucer both mocked the hopelessness of those who have nothing else to lose.
The art of the period also showed the bleakness of the situation. Drawings were morose, full of death and destruction.
The people of the 14th century struggled with the failure of their religion. The Church could not save people from the disease, leading many Europeans to question their beliefs. In that time doctors did not understand the origin of disease and how it was transmitted, so it was common for people to believe that supernatural powers were in control.
They saw the plague as divine punishment. Flagellation, the act of self-mutilation through whipping, became common and many people began to beat themselves in the hope of atoning for their supposed sins. Failure of the Church to protect the people and its own clergy led to a dramatic loss of power and influence.
The conclusion was that there must be something wrong with the Church itself that warranted punishment. However, it was far easier for people to loose faith and to point at the shortcomings or responsibility of others.
Specific group were singled out for persecution and the Jews quickly became the primary scapegoats for the 14th century plague. This religious group was accused of conspiring to spread the plague, since Jews were often merchants and the infected rats were carried by merchants.
Attacks against this group and systematic persecution continued through the late Middle Ages.DOMINATED BY SEPHARDIC JEWISH BANKERS, the private Bank of England expanded its investments into North America largely through the Hudson Bay Company.
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The early American colonists of the 17th Century were beholden to . Chapter The Later Middle Ages. STUDY. PLAY. A terrible famine [scarcity or Drought] in that hit much of Europe after a period of climate change.
Climate became colder and wetter causing poor harvest. workers could demand better wages due to the labor shortages resulting from the mortality rate caused by the plague.
The Effects of Feudalism - In Medieval times during the 10th and 13th centuries, a form of political and social organization called feudalism was a way of life that had great effect on people of the time and on the modern world. Bubonic plague is one of three types of plague caused by bacterium Yersinia pestis.
One to seven days after exposure to the bacteria, flu like symptoms develop. These include fever, headaches, and vomiting.
Swollen and painful lymph nodes occur in the area closest to where the bacteria entered the skin. Occasionally the swollen lymph nodes may break open.
Encyclopedia of Jewish and Israeli history, politics and culture, with biographies, statistics, articles and documents on topics from anti-Semitism to Zionism. How the economy was affected by the bubonic plague. Print Reference this. Disclaimer: Depopulation and shortage of labor rushed changes already built into the rural economy; the substitution of wages for labor services was accelerated, and social stratification became less rigid (Knox).
There was a substantial change in Europe’s.