The Rise of Monarchies: France, England, and SpainOne of the most significant developments in the three centuries leading up to the Renaissance period was the collapse of feudalism. This social and economic system had emerged during the ninth century in the Carolingian Empire (pronounced care-eh-LIN-jee-ehn), which was centered in the region that is now France.
America exported raw goods, that's why they needed slaves. The British exported manufactured goods to the Americas, often produced from said raw goods.
