6. What important economic changes took place during the Medieval period?
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The economy of Medieval Europe was based primarily on farming, but as time went by trade and industry became more important, towns grew in number and size, and merchants became more important.
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The social changes in the early medieval India were mainly the product of certain economic developments, such as land grants and large scale transfers of land revenues and land to both secular and religious elements, decline of trade and commerce, loss of mobility of artisans, peasants and traders, unequal distribution
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