History of Europe
Ancient History
Global Warming
Deforestation and Habitat Loss

What factors were responsible for the growing wealth and prosperity in the seventeenth century?



User Avatar
Wiki User

In 17th century Europe, quite a few factors were responsible for a general trend of increased wealth and prosperity -- despite the wars and other social problems that afflicted various European nations at the time. For one thing, the Scientific Revolution spread a new spirit of innovation and discovery throughout Europe's intellectual centers. For another thing, King Louis XIV reigned in the continent's most powerful nation, France. For yet another, the rich metal-deposits of the Americas began to be systematically mined by Spain, in particular, which introduced vast amounts of material wealth into European coffers.