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Medieval English wool trade. Sheep, shown here in the 1240s or the 1250s, became increasingly important to English agriculture. The medieval English wool trade was one of the most important factors in the medieval English economy. [1] The medievalist John Munro notes that " [n]o form of manufacturing had a greater impact upon the economy and ...
In the early 16th century Welsh cloth for export was mainly produced in south Wales and shipped from the local ports. Later there was a shift in production to mid and north Wales. [ 5 ] After the Act of Union in 1536 the Shrewsbury Drapers provided an increasingly important export market for Welsh light coarse cloths, known as cottons, friezes ...
Towards the end of the 14th century, the position of fairs had begun to decline. The larger merchants, particularly in London, had begun to establish direct links with the larger landowners such as the nobility and the church; rather than the landowners buying from a chartered fair, they would buy directly from the merchant. [130]
Arms of the Merchant Adventurers. The Company of Merchant Adventurers of London was a trading company founded in the City of London in the early 15th century. It brought together leading merchants in a regulated company in the nature of a guild. Its members’ main business was exporting cloth, especially white (undyed) broadcloth, in exchange ...
The Hanseatic League [a] was a medieval commercial and defensive network of merchant guilds and market towns in Central and Northern Europe. Growing from a few North German towns in the late 12th century, the League expanded between the 13th and 15th centuries and ultimately encompassed nearly 200 settlements across eight modern-day countries, ranging from Estonia in the north and east, to the ...
The antiquary John Weever, quoting the 16th-century Tuscan merchant Lodovico Guicciardini, defined a staple town "to be a place, to which by the prince's authority and privilege wool, hides of beasts, wine, corn or grain, and other exotic or foreign merchandize are transferred, carried or conveyed to be sold". [4]
In the early 16th century, cloth for export was mainly produced in south Wales and shipped from the local ports. During that century there was a shift in production to mid-Wales and north Wales, and the woollen production was exported via Shrewsbury in Shropshire. The Shrewsbury Drapers Company tightly controlled the trade. The Welsh cloth ...
Towards the end of the 14th century, the position of fairs began to decline. The larger merchants, particularly in London, began to establish direct links with the larger landowners such as the nobility and the church; rather than the landowner buying from a chartered fair, they would buy directly from the merchant. [13]
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