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THE EARLY MODERN AGE, image, image, image - Coggle Diagram
THE EARLY MODERN AGE
Economic transformation
Intensified commercial activity
The increase in agricultural production resulted in a surplus in production
Were sold in the city markets
The expansion of craftsmanship
products were made in workshops
Controlled by associations of craftsmen called guilds
Increased agricultural production
In this period there was an increase in the amount of land under cultivation
One section was left fallow
For the land to rest and recover the nutrients
New products were brought
Due to the voyages of exploration to new lands
Creating new forms of payment
Bill of exchange was created
The development of mercantile capitalism
Economic system in which capital belonged to private owners
Providing loans
Merchants needed money to begin new commercial activities
Social change
In the Middle Ages an urban society developed
Different social groups called classes
Privileged class
Nobility and the clergy
Didn´t pay taxes, and they were judged by special tribunals
Unprivileged class, also called commoners
The mayority of the population
They paid numerous taxes and did not have access to high political positions
Divided into various sub-groups
Peasants
Largest group
Were serfs of the feudal lord or noble
Bourgeoisie
Not ruled by a feudal lord
City inhabitant
Social group increased in number
Became wealthier and gained more political influence
Significant differences
upper bourgeoisie
were important merchants, bankers and officials
They lived in richly decorated urban palaces
Together with the city nobles
most powerful and influential group
petite bourgeoisie
Small merchants, less important officials, all types of artisans, artists, servants and labourers
Formed the largest group in the cities
Lived in humble houses in buildings with several floors
Lived on charity