| A | B |
|---|
| Charter | A written document that set out the rights and privileges of a town |
| Capital | Money or wealth used to invest in business or enterprise |
| Partnerships | A group of merchants who joined together to finance a large-scale venture that would have been too costly for any individual trader |
| Tenant Farmers | Someone who would pay rent to a lord to farm part of the lord's land |
| Guilds | An association of merchants or artisans who cooperated to uphold standards of their trade and to protect their economic interests |
| Apprentice | A young person learning a trade from a master |
| Journeymen | A salary worker employed by a guild master |
| Middle Class | A group of people, including merchants, traders, and artisans, whose rank was between nobles and peasants |
