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The economy and society of the Ancien Régime, image The city and port of…
The economy and society of the Ancien Régime
Ancien Régime's economy
had this characteristics
Guilds
associations of craftsmen
in the same trade
regulated aspects
such as
Prices
Wages and tools
Working ours
Domestic trade
grew very little
due to
internal customs duties
poor quality of the roads
Traditional agriculture
was not commercia
farmed to meet their own needs
outdated techniques and tool
with low production
Foreign trade
expanding due to the
discovery of America
establishment of new sea routes
to Asian markets
During the 17th century
monarchs imposed a
new economic
Called mercantilism
Mercantilisim based on the idea that a country's wealth depended on how much gold and silver it possessed.
Were a serious of economic
crisis in Spain
in most part of Europe
Was because American markets stop buying Spain products
The estates of the realm
be dominant social organisation in
Europe during Ancien Régime.
states
third didn't have privilegies
ordinary people
First and second maintain
the clergy
nobility
characteristics
the nobility and the clergy did
not pay taxes
.
mantein economy power
the income they received from their land.
the lesser nobility and the lower clergy were often very poor.
The Third Estate
had to pay tax
differences between the various groups.
which were part of the Third Estate increased
groups
The lower middle class or
petite bourgeoisie
declined could not compete new
forms of production.
composed small merchants and craftsmen
The upper middle class
or bourgeoisie
composed prominent merchants
and business
richer and more powerful as European
economy developed.
The peasantry and day
labourers suffered
17th century because of
poor harvests
rising prices and the higher taxes
The city and port of Sevilla
Boys playing dice
