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economy in 17th century, image, image, image, image, image, image, image -…
economy in 17th century
european economy
there was an agricultural crisis
seriously affected by the following factors
Wars
resulted in areas plundered
reduction in the workforce
agricultural production decreased.
Plagues
other epidemics caused an increase in mortality
reduction in the agricultural workforce
Farmers migrated
to cities to avoid paying taxes
periods of crisis
periods of crisis
were outdated, resulting in low productivity
years of bad harvests
agricultural production decreased
prices rose and the majority
situation is called a subsistence crisis
demographic decline throughout Europe.
the second half of the century
situation improved slightly.
There were fewer wars
was a growth in colonial trade
the incorporation of English, French and Dutch traders
textile industry grew in some countries
such as England and Holland
monarchs intervened in the economy
implementing the mercantile system
economic crisis in spain
agricultural crisis and decline in population
expulsion of moriscos(1609)
300 000 people left the Peninsula
majority farmers
negative effect on agriculture
hard way of life
Pícaros
became more predominant
low social class
survive
deceiving
cheating
trade and craft industry crisis
colonial empires established
trading posts in the Americas
order to sell there
trade with americas decrease
to meet the demand.
craft industries were established
crisis in the craft industry
Spanish manufactured products
not competitively priced
sea route to the Americas
under threat from pirates smugglers.
mines almost empty
main source income decreased
ran out resources
from america
