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1) A breakdown intrade. It became difficult to exchange goods with a worthlesscurrency.2) The urbaneconomy collapsed. Manufacturing in cities shrunk because theirgoods, which were for long-distance trade, could not be traded.3) Agriculturalproduction on the large landed estates became localised. Sales ofcrops for the cities decreased and these estates concentrated onproduction for local barter.4) Many peoplemigrated from the cities to the countryside and the population ofthe cities shrunk.5) The owners ofthe large estates employed the migrants from the cities as servilelabour. These people lost their rights and became tied to theirlandlords.6) Distressedpeasants who were leaseholders on the large estates were leavingtheir land in search for better opportunities. They were oftenturned into servile labour in the large estates as well.