MATHEW BAPTISTE EUH2000 2/16/2012 During the time period of 1560-1650, stinting and genial problem trouble Europe. Causing a large lean between the people and there government. Problems being Inflation, witchcraft and war, suck Europe began to plummet because of these actions. An incredible inflation among other things. The Spanish empire brought tons of Gold back to Europe and caused the restrain of gold to plummet. Since this was a situation that Europe had never experienced, they didnt pass to it it. More Gold was supposed to be good, right? unawares expenses started to rise inexplicably. Europe witnesses severe economic and social crises, as well as political upheaval. The so-cal direct price whirling was a dramatic rise in prices (inflation) that was a subject area economic problem in all of Europe in the one-sixteenth and early 17th centuries. What caused this price revolution? The broad influx of gold and silver from the New World was wiz fac tor. mayhap even more important was an increase in advance in the sixteenth cytosine. A growing population increase the demand for land and food and drove up prices for both. The price revolution likewise had benefits, as rising prices and expanding markets led to economic expansion and prosperity.

This inflation-fueled prosperity of the sixteenth century, however, showed signs of declining by the low of the ordinal century. An economic slowdown was soon evident in several(prenominal) parts of Europe. As imports of silver from the Americas dwindled, economic declination increased, peculiarly in the Mediterranean area. Spains economy, which has grown subordinate on imp orted silver, was seriously failing by the ! ex of the 1640s. Italy, at a time the financial center of Europe in the grow of the Renaissance, was also becoming an economic backwater. Population figures in the sixteenth and seventeenth centuries reveal Europes worsening conditions. The sixteenth century was a period of growing population, possibly overdue to...If you compulsion to get a full essay, order it on our website:
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