During the high middle ages how did pilgrimages for the crusades affect the economy?

Pilgrimages stimulated the economy by increasing trade and creating the need for additional taverns and inns.

Explanation:

Although they did not fully achieve their religious goal, the Crusades promoted major changes across Europe, such as the reopening of the Mediterranean to European shipping and trade. This enabled the intensification of trade between the West and the East, largely interrupted by Muslim expansion.

Despite these limitations, the Crusades played a key role in bringing European civilization to new directions.  The looting promoted in the East allowed a significant amount of coins to enter the feudal economy. As a result, traders were able to set up trading companies that moved between the West and the East. Progressively, the fear of distant lands has lost ground for a renewed entrepreneurial spirit

The trade routes allowed the development of the western cities and the approximation of the knowledge of the European, Muslim and Byzantine civilizations. The pursuit of profit, economic rationalism, the improvement of maritime technology, and economic rationalism manifested that the old feudal dictates would not remain untouched. From an economic point of view, Europe's old agrarian feature was taking on other shapes.

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