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In the 17th century rich peasants who had ties to the market economy provided much of the capital investment necessary for agricultural growth, and frequently moved from village to village (or town). Geographic mobility, directly tied to the market and the need for investment capital, was the main path to social mobility. The "stable" core of ...
In many ways, the tulip mania was more of a then-unknown socio-economic phenomenon than a significant economic crisis. It had no critical influence on the prosperity of the Dutch Republic, which was one of the world's leading economic and financial powers in the 17th century, with the highest per capita income in the world from about 1600 to ...
Before 1800, France was the most populated country in Europe, with a population of 17 million in 1400, 20 million in the 17th century, and 28 million in 1789. [ citation needed ] The 17th and 18th centuries saw a steady increase in urban populations, although France remained a profoundly rural country, with less than 10% of the population ...
The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century. Scotland and England (including Wales, which had been treated as part of England since ...
The Dutch Golden Age ( Dutch: Gouden Eeuw [ˈɣʌudə (n) ˈeːu]) was a period in the history of the Netherlands which roughly lasted from 1588, when the Dutch Republic was established, to 1672, when the Rampjaar occurred. During this period, Dutch trade, scientific developments, art and overseas colonisation was among the most prominent in ...
The Mughal India, worth a quarter of world GDP in the 17th century and early 18th century, especially its largest and economically most developed province Bengal Subah consist of its 40%, were responsible for 25% of global output, that led to an unprecedented rise in the rate of population growth, ultimately leading to the proto-industrialization.
Colbertism. Colbertism ( French: Colbertisme) is an economic and political doctrine of the 17th century, created by Jean-Baptiste Colbert, the Controller-General of Finances under Louis XIV of France. Colbertism is a variant of mercantilism that is sometimes seen as its synonym. [ 1] It is more a collection of economical practices than a true ...
Price revolution. The Price Revolution, sometimes known as the Spanish Price Revolution, was a series of economic events that occurred between the second half of the 16th century and the first half of the 17th century, and most specifically linked to the high rate of inflation that occurred during this period across Western Europe.