The European economy 1.1
17th century there was an agricultural crisis
Wars
Resulted in areas being plundered
A reduction in the workforce
Agricultural production decreased
Plagues
Other epidemics caused
Increase in mortality
Reduction in the agricultural workforce.
Farmers
Migrate to the citiesto the cities
Many of them fled
They were unable to pay them
Agricultural techniques
Were outdated
Low productivity.
Years of bad harvests
Agricultural production decreased
The majority of the population did not have enough food
Subsistence crisis
Occurred frequently
Hunger spread
Decrease in the population
Second half of the century
Situation improved slightly
Increase in the population
End of this century
Population had increased to the same level that it was at the beginning
Following factors enabled this recovery to occur
Fewer wars
Growth in colonial trade
Incorporation of English, French and Dutch traders
Order to organise a trading system
Some kings encouraged the founding of private trading companies
Colonial empires expanded
Textile industry
Grew in some countries
Monarchs intervened in the economy
Governors had to do the following to help the economy prosper
Increase the amount of precious metals
Protect national industries
