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The early modern age - Coggle Diagram
The early modern age
Social change
Economic prosperity resulted in a increase in the population
An urban society developed
Society continued to be divided into different social club called classes
The priviledged class nobility and the clergy
The unpriviledged class commoners
The peasants
They were serfs of the feudal lord of noble
The bourgeoisie
Not ruled by a feudal lord
The upper bourgeoisie were important merchant bankers and officials
The petite bourgeoisie were small merchants, less important officials
Some social groups protested for their rights
The early moderns age
Economic transformation
Increase agricultural production
There was an increase in the amount of land under cultivation
The three-field system was maintained
The main crops were cereals
Intensified commercial activity
The surplus products were sold in the city markets
Merchants or traders travelled in search of new markets, establishing trade router over land
The expansion of craftsmanship
products were made in whorkshops
controlled by associations
The early modern age
Providing loans
The bankers lent money
Monarchs asked the banks for loans to cover the coast
Banking played a vital role in the new system
Creating new forms of payment
The bill of exchange was created
This was a document, that the banker would pay a merchant