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ECONOMIC TRANSFORMATIONS AND SOCIAL CHANGERS (Economic growth (The…
ECONOMIC TRANSFORMATIONS AND SOCIAL CHANGERS
Demographic growth
15th and 16th centuries POPULATION GROWTH
SLOW POPULATION INCREASE
Higher demand for agricultural and handicraft products, and stimulated trade.
Economic growth
The handicrafts
Avoid guild control by developing a system of homeworking.
Trade
Grew as a result of geographical discoveries (trade routes).
Agrarian activities
Continued to account for professional activity.
Capitalist system
First banks, greater and simpler circulation of money and the first tradig companies were created
Social changes
The estamental society continues...
The bourgeoise
They grew welthier
They establish their social status
The peasantry
Western Europe they improved.
In Eastern Europe they were more closely tied to the land.
The nobility and the clergy
Continued with their privileges
Accepted the increase in power of the monarch