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Professor Wrightson discusses the remarkable growth of the British economy in the late seventeenth and early eighteenth centuries. He examines the changed context of stable population and prices; regional agricultural specialization; urbanization; the expansion of overseas trade both with traditional European trading partners and with the ...
The main aim of this paper is to present this data together and offer an alternative interpretation of very long run European economic development. The first section of this paper rejects the received wisdom that growth rates in pre-Industrial Revolution Europe were stagnant.
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Not until the 16th and 17th centuries was there a “commercialization” of the aristocratic strata, many of whose members fared poorly in an ever more money-oriented world and accordingly contracted marriages with wealthy merchant families (whom they would not have received at home a generation or two earlier) to preserve their social and ...
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How did the market economy evolve in 17th century Europe?
How did pre-nineteenth century European economies change?
Was economic growth stagnant before the nineteenth century?
Which countries inherited the economic success of the 17th-century Dutch Republic?
Dutch Agriculture. During the fifteenth century, and most of the sixteenth century, the Northern Netherlands provinces were predominantly rural compared to the urbanized southern provinces. Agriculture and fishing formed the basis for the Dutch economy in the fifteenth and sixteenth centuries.
The market economy in 17th century Europe evolved over time from feudalism to capitalism. Study feudalism vs. the American dream, the definition of capitalism, and capitalism in 17th century...
Social, economic, and cultural life in the 17th and 18th centuries. Although the late 16th century was marked by the destruction of Gaelic civilization in the upper levels of society, it was preserved among the ordinary people of the northwest, west, and southwest, who continued to speak Irish and who maintained a way of life remote from that ...
‘British Economic Growth, 1270–1870 is a true landmark in economic history. Based on extensive research and a meticulous comparison of sources, it will transform our understanding of Britain's past and also reshape the debate over the 'great divergence' and the causes of the Industrial Revolution.’
