Town populations swelled during this period, particularly after the Black Death. The problem is, leaving the massive spatial and temporal scale aside, whether one can actually speak of a "merchant class" in the Middle Ages, at all. By buying in one place and selling in another they prospered in so far as they provided a service to the classes of those societies—including the agrarian ruling classes. The nobles were disdainful of the merchant class, who gained wealth in industries like wool processing, shipbuilding and banking. These classes were divided and marked on the basis of factors like status, hereditary, income and others. University of Michigan Press. 12 Issue 8, pp548-557. Some of the gifted merchants were able to buy fairly large plots of land and lavish houses. There was a lot of diversity with the merchant class in the Middle Ages. The merchant and the Middle Ages Issue: 115. Changing attitudes towards trade and the merchant class marked this period. They … The growth of trade and the merchant middle class went hand in hand with the growth in towns. The merchants sought to protect their wealth by controlling the government and marrying into noble families. The middle class developed in the middle ages and was formed out of baker, merchants and trades people who were allowed to own their own land. Williams, E. N. "Our Merchants Are Princes": The English Middle Classes In The Eighteenth Century" History Today (Aug 196) 2, Vol. ... Chapter 13 European Middle Ages Building Vocabulary 34 Terms. Just like there is with businessmen today. As trade increased in the Middle Ages the taxes became excessive. These merchants became wealthy in their own right, owning grand homes of their own comparable to the best in the land. The 13th and 14th centuries saw a tremendous growth in commercial activity, and a consequent restructuring of society, away from the feudal system. ISBN 978-0-472-06072-6. A merchant class quickly developed once feudalism was established in Europe. Medieval period of the Middle Ages. The dictionary definition of merchant at Wiktionary A merchant- class town dweller in medieval Europe was called a. guild. The expansion of trade and business in Europe during the Middle Ages is known as the. The Merchant Class of Medieval London, 1300-1500. During the middle ages or the medieval period, the society was divided into several different classes which were based on their importance in society and kingdom. The rise of the merchant class helped to undermine the feudal system of the Middle Ages. Trade routes grew, though roads remained poor and dangerous, so most goods were transported by water. The merchants emerged as a class within pre‑capitalist agrarian societies. Merchant Guilds in the Middle Ages The system of Feudalism during the Middle Ages allowed the lords and owners of the land to tax the people and their trades. 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