Discuss the causes and consequences of the 14th Century collapse. What broad social, cultural, economic, and political shifts occurred as a result of this sudden unbalance within Medieval Society? What traditional power structures and institutions were destabilized? What new sources of authority and organization began to take their place? In particular, what is the importance of the collapse of feudalism and the rise of a capitalist market economy in Western Europe. and the development of global ‘Division of Labor ‘ (HINT-Wallerstein).
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