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Economics of English towns and trade in the Middle Ages : ウィキペディア英語版 | Economics of English towns and trade in the Middle Ages The economics of English towns and trade in the Middle Ages is the economic history of English towns and trade from the Norman invasion in 1066, to the death of Henry VII in 1509. Although England's economy was fundamentally agricultural throughout the period, even before the invasion the market economy was important to producers. Norman institutions, including serfdom, were superimposed on a mature network of well established towns involved in international trade. Over the next five centuries the English economy would at first grow and then suffer an acute crisis, resulting in significant political and economic change. Despite economic dislocation in urban areas, including shifts in the holders of wealth and the location of these economies, the economic output of towns developed and intensified over the period. By the end of the period, England would have a weak early modern government overseeing an economy involving a thriving community of indigenous English merchants and corporations. ==Invasion and the early Norman period (1066-1100)== William the Conqueror invaded England in 1066, defeating the Anglo-Saxon King Harold Godwinson at the Battle of Hastings and placing the country under Norman rule. This campaign was followed by fierce military operations known as the Harrying of the North between 1069–70, extending Norman authority across the north of England. William's system of government was broadly feudal in that the right to possess land was linked to service to the king, but in many other ways the invasion did little to alter the nature of the English economy.〔Dyer 2009, p.8.〕 Most of the damage done in the invasion was in the north and the west of England, some of it still recorded as "wasteland" in 1086.〔Cantor 1982a, p.18.〕 Many of the key features of the English trading and financial system remained in place in the decades immediately after the conquest.〔
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