The Commercial Revolution in the Countryside

The Commercial Revolution in the Countryside

The countryside, too, was caught in the web of trade. By 1150, rural life in many regions was organized for the marketplace. Great lords hired trained, literate agents to administer their estates, calculate profits and losses, and make marketing decisions. Aristocrats needed money not only because they relished luxuries but also because their honor and authority continued to depend on their personal generosity, patronage, and displays of wealth. In the twelfth century, when some townsmen could boast fortunes that rivaled the riches of the landed aristocracy, the economic pressures on the nobles increased as their extravagance exceeded their income. Many went into debt.

The lord’s need for money integrated peasants, too, into the developing commercial economy. The increase in population and the resultant greater demand for food required bringing more land under cultivation. Sometimes lords sponsored land clearance. At other times peasants acted on their own to clear land and relieve the pressure of overpopulation, as when the small freeholders in England’s Fenland region cooperated to build banks and dikes to reclaim the land that led out to the North Sea. Villages were founded on the drained land, and villagers shared responsibility for repairing and maintaining the dikes even as each peasant family farmed its new holding individually.

On old estates the rise in population strained to the breaking point the Carolingian period’s manse organization, in which each household had been settled on the land that supported it. Now, in the twelfth century, twenty peasant families might live on what had been, in the tenth century, the manse of one family. With the manse supporting so many more people, labor services and dues had to be recalculated, and peasants and their lords often turned services and dues into money rents, payable once a year.

REVIEW QUESTION What new institutions resulted from the commercial revolution?

The commercial revolution and the resulting money economy brought both benefits and burdens to peasants. They gained from rising prices, which made their fixed rents less onerous. They had access to markets where they could sell their surplus and buy what they lacked. Increases in land under cultivation and the use of iron tools meant greater productivity. Peasants also gained increased personal freedom as they shook off direct control by lords. Nevertheless, these advantages were partially canceled out by their cash obligations. Peasants touched by the commercial revolution ate better than their forebears had eaten, but they also had to spend more money.