Economics Social History

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Economics Social History Period 1: 1450-1648 Economics Social History

I. Economic change produced new social I. Economic change produced new social patterns, while traditions of hierarchy and status persisted. Innovations in banking and finance promoted the growth of urban financial centers and a money economy. The growth of commerce produced a new economic social elite, which related to traditional elites in different ways in Europe’s various geographic regions.

Hierarchy and status continued to define social power and perceptions in rural and urban settings.

II. Most Europeans derived their livelihood II. Most Europeans derived their livelihood from agriculture and oriented their lives around the seasons, the village, or the manor, although economic changes began to alter rural production and power. Subsistence agriculture was the rule in most areas, with three-crop field rotation in the north and two-crop rotation in the Mediterranean; in many cases, farmers paid rent and labor services for their lands.

The price revolution contributed to the accumulation of capital and the expansion of the market economy through the commercialization of agriculture, which benefitted large landowners in Western Europe. As western Europe moved toward a free peasantry and commercial agriculture, serfdom was codified in the East, where nobles continued to dominate economic life on large estates.

The attempts of landlords to increase their revenues by restricting or abolishing the traditional rights of peasants led to revolt.

III. Population shifts and growing. commerce caused the expansion of III. Population shifts and growing commerce caused the expansion of cities, which often found their traditional political and social structures stressed by the growth. Population recovered to its pre-plague level in the 16th century, and continuing population pressures contributed to uneven price increases; agricultural commodities increased more sharply than wages, reducing living standards for some.

Migrants to the cities challenged the ability of merchant elites and craft guilds to govern and strained resources. Social dislocation, coupled with the weakening of religious institutions during the Reformation, left city governments with the task of regulating public morals.

IV. The family remained the primary social and economic institution of early modern Europe and took several forms, including the nuclear family. Rural and urban households worked as units, with men and women engaged in separate but complementary tasks.

The Renaissance and Reformation movements raised debates about female roles in the family, society, and the church. From the late 16th century forward, Europeans responded to economic and environmental challenges, such as the “Little Ice Age”, by delaying marriage and childbearing, which restrained population growth and ultimately improved the economic condition of families.

V. Popular culture, leisure activities, and V. Popular culture, leisure activities, and rituals reflecting the persistence of folk ideas reinforced and sometimes challenged communal ties and norms. Leisure activities continued to be organized according to the religious calendar and the agriculture cycle and remained communal in nature.

Local and church authorities continued to enforce communal norms through rituals of public humiliation. Reflecting folk ideas and social and economic upheaval, accusations of witchcraft peaked between 1580 and 1650.