The Early Modern Age

Definition

Economic Transformation

Social Change

the mid-fifteenth century

Domestic system

in 1453

in 1789

the Fall of Constantinople

the French Revolution

the end of the previous era

many important social

economic

political

cultural changes

Banking

Intensified commercial activity

The expansion of craftsmanship

Increased agricultural production

new products

The development of mercantile capitalism

Providing loans

Creating new forms of payment

fallow

cereals

three-field system

guilds

city markets

trade routes

foods

spices

metals

money

raw materials

tools

workshops

new commercial activities

interest

the bill of exchange

a document which guaranteed that the banker would pay a merchant

it was no longer necessary to travel with cash

or another authorised person a quantity of money

on a specified date and at a specified place

unprivileged class

social groups

priviledged class

the rural society that developed in the Middle Ages

an urban society developed

This became one of the defining characteristics

of the Early Modern Age

peasants

bourgeoisie

upper bourgeoisie

petite bourgeoisie

nobility

clergy

privileges

they were judged by special tribunals

They lived in their castles in the countryside or in palaces in the city

they didn´t pay taxes

They were serfs of the feudal lord or noble

They had to pay them rent or a part of their harvest

were important merchants, bankers and officials

were small merchants, less important officials, all types of artisans, artists, servants and labourers

The most violent protests were carried out by the peasants

However, these revolts were severely suppressed