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Title: Medieval

Essay Details

Subject: History
Author: Robert K
Date: July 31, 2016
Level: University
Grade: A
Length: 3 / 682
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

However, with the explosion of trade, medieval Europe experienced a great problem. This problem was the theological influence of the Christian Church on European tradesmen and merchants. Usury refers to charging interest on a loan, something the Christian Church forbade because morally, loans were given from the heart to help an individual during difficult times...

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It was considered wrong to take advantage of another Christian in such a way, and therefore the Church's prohibition meant that merchants often hid their interest through adding it to the original sum and not noting such practices explicitly . This changed however, when the Christian Church eased on these rules against charging interest through understanding the risks the investors were taking and through allowing interest to a certain level of payment before it being considered "usury"...

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