Renaissance of The 12th Century - Trade and Commerce

Trade and Commerce

In Northern Europe, the Hanseatic League was founded in the 12th century, with the foundation of the city of Lübeck in 1158–1159. Many northern cities of the Holy Roman Empire became Hanseatic cities, including Hamburg, Stettin, Bremen and Rostock. Hanseatic cities outside the Holy Roman Empire were, for instance, Bruges, London and the Polish city of Danzig (Gdańsk). In Bergen and Novgorod the league had factories and middlemen. In this period the Germans started colonizing Eastern Europe beyond the Empire, into Prussia and Silesia.

In the late 13th century, a Venetian explorer named Marco Polo became one of the first Europeans to travel the Silk Road to China. Westerners became more aware of the Far East when Polo documented his travels in Il Milione. He was followed by numerous Christian missionaries to the East, such as William of Rubruck, Giovanni da Pian del Carpini, Andrew of Longjumeau, Odoric of Pordenone, Giovanni de Marignolli, Giovanni di Monte Corvino, and other travelers such as Niccolò da Conti.

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Famous quotes containing the words trade and/or commerce:

    Until the end of the Middle Ages, and in many cases afterwards too, in order to obtain initiation in a trade of any sort whatever—whether that of courtier, soldier, administrator, merchant or workman—a boy did not amass the knowledge necessary to ply that trade before entering it, but threw himself into it; he then acquired the necessary knowledge.
    Philippe Ariés (20th century)

    Friendship is a disinterested commerce between equals; love, an abject intercourse between tyrants and slaves.
    Oliver Goldsmith (1728–1774)