Please enable JavaScript.
Coggle requires JavaScript to display documents.
ECONOMIC TRANSFORMATION AND SOCIAL CHANGERS (ECONOMIC GROWTH (AGRARIAN…
ECONOMIC TRANSFORMATION AND SOCIAL CHANGERS
DEMOGRAPHIC GROTH
Population growth was favoured by improved harvests, the eradication of the plague and the relative peace
Was slow due to infectous disease, the limited development in medical practice and the lack of hygiene
ECONOMIC GROWTH
AGRARIAN ACTIVITIES
in the 16 CENTURY WAS ENCOURAGED BY GOOD HARVESTS AND THE CLEARING OF NEW LAND
HANDICRAFTS
developing system of homeworking in wich businesspeople provided the peasantry with raw materials and tools for products for home
TRADE
Grew as a result of geographical discveries, trade routes were diversified and new products were incorporated
CAPITALIST ECONOMIC SYSTEM
It was mercantilism based on the accumulation of capital acquired from trade
SOCIAL CHANGES
NOBILITY AND CLERGY accepted to increase power of the monarchs
to maintain economic power and privileges
THE BOURGEOISIE
grew wealthier with tge transoceanic trade,business dealings and banking.
THE PEASANTRY
made up the majority of the commoners and their living conditions improved