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ECONOMIC TRANSFORMATIONS AND SOCIAL CHANGERS (SOCIAL CHANGES (THE…
ECONOMIC TRANSFORMATIONS AND SOCIAL CHANGERS
DEMOGRAPHIC GROWTH
SLOW INCREASE AS RESULT OF HIGH DEATH RATE DUE TO INFECTIOUS DISEASES
HIGHER DEMAND FOR AGRICULTURAL AND HANDICRAFT PRODUCTS ----> STIMULATED TRADE
SOCIAL CHANGES
SOCIETY OF THREE STATES
THE NOBILITY AND CLERGY ACCEPTED THE INCREASE OF POWER OF MONARCHS
THE BOURGEOISE
GREW WEALTHIER DUE TO
BUSINESS DEALING
BANKING
TRANSOCEANIC TRADE
SOCIAL STATUS OVER THE OTHER COMMONERS
THE PEASENTRY
MADE UP THE MAJORITY OF THE COMMONERS
IN WESTERN EUROPE
FREE FROM SERVITUDE
OWN LAND
LIVING CONDITIONS IMPROVED
IN EASTERN EUROPE
CLOSELY TIED TO LAND
ECONOMIC GROWTH
AGRARIAN ACTIVITIES
MOST PROFESSIONAL ACTIVITY
ENCOURAGED BY GOOD HARVESTS AND CLEARING OF THE NEW LAND
HANDICRAFTS
AVOIDED GUILD CONTROL BY A SYSTEM OF HOMEWORKING
BUSSINESSPEOPLE PROVIDED THE PEASENTRY WITH RAW MATERIALS AND TOOLS TO MAKE PRODUCTS AT HOME
TRADE
NEW PRODUCTS FROM AMERICA (TOBACCO, WOOD, COFFE)
ATLANTIC & NORTH RUTES -----> PORTS OF LISBON AND SEVILLE
MEDITERRANEAN ROUTE ------> ITALIAN PORTS
CAPITALIST ECONOMIC SYSTEM
MERCANTILISM: ACCUMULATION OF CAPITAL OBTAINED FROM TRADE
FIRST BANKS WERE FUNDED:
TAULA DE CANVI (VALENCIA)
FUGGER (GERMANY)
MEDICI (FLORENCIA, ITALY)
FIRST TRADING COMPANIES WERE FUNDED