By Antonio Di Vittorio
An financial heritage of Europe offers scholars with a complete advent to eu financial historical past from the fifteenth century to the current day. person chapters supply short references to prior ancient sessions and occasions, with particular recognition given to middle topics relating fiscal improvement, and an research in their switch via time and house.
Core subject matters tested in each one interval include:
- the expanding prominence of industry
- international trade
- demand and provide dynamics
The precise constitution of this article permits scholars not just to realize an organization grounding within the long term evolution of the ecu financial system, but additionally offers an historic evaluation of the commercial improvement of person nations. person individuals research the shift from the fashionable to the modern interval and supply a extensive clarification of the old roots of the issues that face modern monetary development.
This key text is quintessential analyzing for college kids in economics, fiscal heritage, improvement economics and history.
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Extra resources for An Economic History of Europe
32 R. Cameron, Storia economica del mondo, Bologna, 1993, pp. 158–65. , p. 167. 1111 21 3 4 5 6 7 8 9 1011 1 2 3111 4 5 6 7 8 9 20111 1 2 3 4 5 6 7 8 9 30111 1 2 3 4 5 6 7 8 9 40111 1 2 3 4 45 46111 2 European expansion in the sixteenth century Giuseppe Bracco Population European population patterns In the sixteenth century Europe experienced expansion with regard to practically every economic parameter, and in every sense of the term. Not only did Europeans arrive in all corners of the world, but on the European continent itself the population started to increase steadily at the beginning of the sixteenth century, even though the growth rate differed from one area to another.
Though cost-free it was discontinuous, and required investment to be exploited by means of mills and waterwheels, that could be used in many manufacturing processes. 28 The example of ironworking is particularly interesting and it has been calculated that at the end of the ﬁfteenth century 2 cwt of mineral ore and 25 m3 of wood were still required to obtain half a hundredweight of iron. In this period only a few countries had begun to use coal, which had been mined in England and central Europe since as early as the thirteenth century.
Felloni, Proﬁlo di storia economica dell’Europa dal medioevo all’età contemporanea, 2nd edn, Giappichelli, Turin, 1997, p. 157. The ﬁfteenth century 1111 2 3 4 5 6 7 8 9 1011 1 2 3111 4 5 6 7 8 9 20111 1 2 3 4 5 6 7 8 9 30111 1 2 3 4 5 6 7 8 9 40111 1 2 3 4 45 46111 17 production process became dominated by the merchant-entrepreneur, who owned not only the raw materials and working tools but also the ﬁnished product. 27 The artisans were paid by the piece, within a system that greatly reduced the risks; they ended up becoming workers in their own homes as part of a network of independent workshops, all co-ordinated and managed by a single individual.
An Economic History of Europe by Antonio Di Vittorio