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THE ECONOMY IN THE 17TH CENTURY, bad harvest, plages, graphic down,…
THE ECONOMY IN THE 17TH CENTURY
THE EUROPEAN ECONOMY
Agricultural crisis
Wars
plundered areas
less workforces in the countryside
Plagues
higher mortality
less agricultural workforce
migration of the farmers
to the cities
avoid paying taxes
Agricultural techniques
outdated
bad harvest years
subsistence crisis
agricultural production decreased
prices rose
hunger
demographic decline
frequently in Europe
Second half of the century
situation improved slightly
increase in the population
compensating for the previous decline
fewer wars
colonial trade grew
traders
English
India
French
North America
Dutch
South Africa and Indonesia
private trading companies
organisation of the trade
textile industry grew
England
Holland
Monarchs
intervened helping
mercantile system
precious metals
enter in their kingdom
keeping there
taxed imported products
protected national industries
THE ECONOMIC CRISIS IN SPAIN
The trade and craft industry crisis
Spanish monarchy
ran out of American resources
mines were empty
sea routes
pirates
smugglers
other kingdoms
colonial empires
create
expand
crisis in the craft industry
Spanish products
not competitive prices
trade with America decreased
meet the demand
local draft industries
other colonial empires
trading posts in America
sell products there
The agricultural crisis and the decline in the population
The expulsion of the Moriscos
1609
300.000 left the peninsula
most o them farmers
negative effect
agriculture production
fifth of the population
Aragón
Valencia
Many farmers left the countryside
hard way of life
migrated to cities
survived by begging
Pícaros
more predominant
from low social classes
survived by
cheating
deceiving
migration to America
scape poverty
Spanish monarchy
involved in many wars
agricultural crisis
demographic decline
