during the middle ages increases in trade commerce and culture resulted from
Late Middle Ages In the late 13th and early 14th centuries, a process took place – primarily in Italy but partly also in the Empire – that historians have termed a 'commercial revolution'.[128] Among the innovations of the period were new forms of partnership and the issuing of insurance, both of which contributed to reducing the risk of commercial ventures; the bill of exchange and other forms of credit that circumvented the canonical laws for gentiles against usury, and eliminated the dangers of carrying bullion; and new forms of accounting, in particular double-entry bookkeeping, which allowed for better oversight and accuracy.[129]
Early Middle Ages Though much of Roman civilization north of the Po River had been wiped out in the years after the end of the Western Roman Empire, between the 5th and 8th centuries, new political and social infrastructure began to develop. Much of this was initially Germanic and pagan. Arian Christian missionaries had been spreading Arian Christianity throughout northern Europe, though by 700 the religion of northern Europeans was largely a mix of Germanic paganism, Christianized paganism, and Arian Christianity.[26] Catholic Christianity had barely started to spread in northern Europe by this time. Through the practice of simony, local princes typically auctioned off ecclesiastical offices, causing priests and bishops to function as though they were yet another noble under the patronage of the prince.[27] In contrast, a network of monasteries had sprung up as monks sought separation from the world. These monasteries remained independent from local princes, and as such constituted the "church" for most northern Europeans during this time. Being independent from local princes, they increasingly stood out as centres of learning, of scholarship, and as religious centres where individuals could receive spiritual or monetary assistance.[26]