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THE ECONOMY IN THE 17TH CENTURY - Coggle Diagram
THE ECONOMY IN THE 17TH CENTURY
The european economy
Wars
Plagues
Farmers migrated
Agricultural techniques
There were years of bad harvests
Bad harvests
Prices rose
Subsistence crisis
Hunger
Demographic decline
In the second part of the century the situation inproved slightly
Recovery
Fewer wars
Colonial trade
Textile industry
Intervened the mercantile system
The economic crisis in Spain
agricultural crisis
demographic decline
The agricultural crisis and the decline in population
Expulsion of the Moriscos in 1609 made more than 300 000 people left the Peninsula
Farmers left the countrysid
Picaros become more predominant
The trade and craft industry crisis
Ran out of resource
Pirates and smugglers
Crisis in the craft industry
Trade with the Americas decreased