The bad affects are more deises and death and there will be more orphans.
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During the Middle Ages and the Renaissance, kings in Europe struggled to win more power. Gaining minitary strength helped them do this. The financial support they received from the growing middle class enabled them to build up armies, navies, and stockpiles of weapons...etc..
This process resulted in birth of towns/cities; the appearance of the townspeole, the development of industry, the end of feudalism.
New economic institutions created jobs that required skill and knowledge, rather than land ownership. New economic institutions created jobs that required skill and knowledge, rather than kand ownership.