Feudalism describes the hierarchy of power in which primary form of wealth was land and it provided the basis for economic structure, political and social orders. During the early twelfth century majority of Europe had experienced a rise in feudalist economy. This was caused due to the shift of power from a strong centralized state (the Roman Empire) to local political divisions. This ear was initially a period of insecurity and uncertainty, an era where trade declined. Due to this decline in trade there was a temporary decline in the importance of cities and large towns. From the late ninth century to the early eleventh centuries, large-scale, centralized regional commerce on an international level was quiet meager in western Europe. It was
