Economic transformation and social changers (Economic growth (Agrarian…
Economic transformation and social changers
During the 15th and 16th centuries, population growth was favoured by improved harvests, the erradication of plague and relative peace.
The population icrease vary slow.
The population increase gave rise to higher demand for agricultural and handcraft products and stimulated trade.
Continued for most professional activity.
sector avoided guild control by developing a system in which buisnesspeople provided the peasantry.
Grew as a result of geographical discoveries; trade routes, see trades.
Capitalist economic system
It was merchantilism, based on accumulation of capital adquire from trade.
Nobility and the clergy
Acepted the increased of power of the monarch.
Grew wealthier with the transonic trade, business dealings and banking.
Made up the majority of commoners. They improved in the Western Europe.