The European economy collapsed between 800 AD and 1,000 AD, even the term “dark ages” inadequate to describe the catastrophe. The marauding Northmen, Saracens, and Hungarians brought this about, the massive security threat bringing commerce to a halt and forcing every locale onto the defensive. There was little communication and virtually no trade between communities, each manor a small and, when luck held, self-sustaining economic unit. There was no margin for error and much suffering when a crop failed. Craftsmen like blacksmiths and carpenters worked in manorial workshops to provide essential services like repairing plows.
The clouds started to recede about 1,000 AD, and Henri Pirenne explains the revival in this magisterial work, Economic and Social History of Medieval Europe — see my beat-up old copy on the right ($1.25!). There are 219 pages of text, each one packed with detail and adding to the overall picture.