European Economics after Crusades

Domestic system

the process of working from hom eon specific jobs for a profit

Manufacturing

buy a new product, change or manufacture it differently and sell it for a higer price

Banking

allowed people to transport and store money without hassle

Capital

wealth that people earned, saved, and profitted to make their own money

market economy

Land, labor, and capital are controlled by individuals

Investing

Investors would split profits from a business they supported financially