what was the economy like in late medival period
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Like all pre-industrial societies, medieval Europe had a predominantly agricultural economy. The basic economic unit was the manor, managed by its lord and his officials.
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Answer:
Like all pre-industrial societies, medieval Europe had a predominantly agricultural economy. The basic economic unit was the manor, managed by its lord and his officials.
Explanation:
Agriculture. Medieval* Europe was overwhelmingly rural, and its economy depended almost entirely on agriculture. Towns and cities did not become significant centers of production until the late Middle Ages, but after that time their economic importance increased rapidly.
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