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A.d. 1301 to 1400

Backward to A.D. 1201 to 1300

The "Black Death" made its first appearance in Europe in this century. In the middle this period there was a world-wide depression manifested in Europe by the decline of the Champagne airs and the reduction of trade in general. In the East it was noticeable in the breakdown of the trans-Eurasian trade route previously established by the Mongols (although the land routes were never broken for very long) and possibly by the victory of the peasant revolt which brought the Mings to power in China. Yet there was continued trade throughout the southern seas from South China to the Mediterranean. The regular use of the decimal system and the abacus were accompaniments and stimulants of this trade. (Ref. 260 , 279 )

The christian church

This was not a good era for the Catholic Christian Church. The states of Europe began to be supreme over the papacy and the various temporal rulers argued on the appointments of popes so that if the current choice did not please them, they simply appointed another pope of their own. At the death of Pope Boniface in 1304, Clement V moved the papacy from Rome to Bordeaux and later to Avignon, appointed his own French cardinals and was supposedly under the thumb of Philip the Fair, king of France. The next French pope was John XXII, but a German group had a second one, Nicholas IV, appointed at the Vatican and the period of the Great Schism began, to last from 1378 to 1417.

Nicholas was taken prisoner by John and died in a cell; when John XXII died he left a tremendous estate, including 18 million gold florins in specie and 7 million in plate and jewels. The other popes of this century need not be detailed, as none contributed much to the progress of the church or mankind. In Europe the Inquisition continued, however, and this alone prevented the complete dismemberment of Christianity. (Ref. 49 )

It must be understood that at that time, particularly in England, there were actually two types of church affiliated groups. The word "religion" was used exclusively to refer to monks and nuns who were allegedly spiritual individuals given over to theology and praying, but not allowed to administer the sacraments. In contrast, the priests were called the "secular clergy" and were worldly men who could grant licences and dispensations, save souls by granting absolution after confession and penance, administer the Sacraments and above all, participate in politics. Many of the European kings ' governments were very largely carried on by priests, many of whom openly kept concubines and were not strangers to alcoholic excesses. Into this state of corruption came William of Ockham, a sceptic who questioned all doctrines of the Church and God and was a strong voice in the uprising of nationalist states against the Universal Church. He influenced John Wycliff, the father of Lollardism, who favored a Christian Church of poverty and service. They also denied that the bread and wine were transubstantiated by the words of the priest during mass and were, therefore, not the actual Body and Blood of Christ. This was considered the worst kind of heresy. Nevertheless, at the end of the century, Wycliff translated the Bible into the English tongue. (Ref. 49 , 291 )

NOTE: Insert 47. The Great Schism 1378-1417

International jewry

In many areas of Europe Jewish persecution worsened with unsubstantiated charges of ritual murder, blood libel, desecration of the Host and well poisoning, especially at the time of the "Black Death" epidemic in 1348. As early as 1306 France had arrested her Jews, stripped them of their possessions and expelled them. England whipped and expelled about 100,000 at the same time. (Ref. 222 )

Forward to A.D. 1401 to 1500

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
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Lambiv
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Lambiv
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appreciation
Eliyee
explain perfect market
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In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
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other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
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Shukri
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what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
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Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
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Jabir
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Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
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In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
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Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, A comprehensive outline of world history. OpenStax CNX. Nov 30, 2009 Download for free at http://cnx.org/content/col10595/1.3
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