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THE 17TH CENTURY, image, image, image, image, image, image, image, image,…
THE 17TH CENTURY
The European economy
The European economy
Agricultural crisis
Agriculture was the main economic activity
was affected by
Wars
reduction in the workforce in the countryside
agricultural production decreased
Plagues
increase in mortalit
reduction in the agricultural workforce
Farmers migrated
the cities to avoid paying taxes
many of them fled because they were unable to pay them.
Agricultural techniques
were outdated, resulting in low productivity
bad harvests
agricultural production decreased
prices rose and the majority of the population did not have enough food.
subsistence crisis
occurred frequently in the 17th century
hunger spread
in a decrease in the population or demographic decline throughout Europe
the second half of the century
the situation improved slightly
increase in the population
compensating for the previous decline
this recovery to occur
There were fewer wars
was a growth in colonial trade,
The colonial empires expanded
The textile industry grew in some countries
monarchs intervened in the economy
implementing the mercantile
Protect national industries by taxing imported products
Increase the amount of precious metals entering their kingdoms and prevent them from entering other countries.
The economic crisis in Spain
Spanish monarchy became involved in more wars than the other European powers
Other factors contributed
worsening of the agricultural crisis
greater demographic decline in Spain
agricultural crisis and the decline in the population
expulsion of the Moriscos in 1609
more than 300 000 people left the Peninsula
very negative effect on agriculture
farmers left the countryside due to the hard way of life
Pícaros (rogues) became more predominant
low social class who manage to survive by deceiving and cheating others.
The others migrated to America
The trade and craft industry crisis
Spanish monarchy ran out of resources from the Americas
their sea route to the Americas
was constantly under threat from pirates and smugglers
was a crisis in the craft industry
manufactured products were not competitively priced in comparison to other countries.
Trade with the Americas also decreased
