The Economic Crisis of the 17th Century

The Economic Crisis of the 17th Century - The Economic...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
The Economic Crisis of the 17 th Century - Disputed causes: Thirty Years’ War, states’ demands for more taxes, rudimentary banking practices, inability of agriculture to support a growing population, waste caused by the middle-class in trying to emulate the nobility, and even Global Cooling - Bad harvests, food shortages, famine - Many peasants just abandoned their villages and let the land to waste - The Dutch Republic was basically unscathed due to their excellence in agricultural innovation - England fared second best, because they didn’t depend on New World gold and silver, like the Spanish did, and they escaped the direct impact of the Thirty Years’ War - Revolts from Ireland to Muscovy from 1594 to 1597 - Most people didn’t rebel or revolt, they just left their land and became beggars - Lack of nutrition allowed disease to spread rapidly - Face of the family changes - Families postponed marriages and had fewer children, since half of all children died before age 20 and 10% of all women died in childbirth
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.
Ask a homework question - tutors are online