What was The new socioeconomic group that resulted from the revival of trade become known as?

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2026-07-31 19:30

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The new socioeconomic group that emerged from the revival of trade during the Middle Ages became known as the bourgeoisie. This group consisted of merchants, artisans, and traders who gained wealth and influence as urban centers grew and commerce expanded. They played a significant role in the development of a market economy and contributed to shifting power dynamics away from feudal aristocracy. The bourgeoisie's rise laid the groundwork for the eventual emergence of capitalism.

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