1. Merchants gained wealth, and the middle class prospered. Nobles did poorly, as the land they owned brought fewer benefits. Peasants either felt little change or suffered, falling into poverty. By the 1700s, European societies were still divided into distinct social classes. Merchants who invested in overseas ventures developed wealth, while the price revolution hurt nobles, whose wealth was in land. Economic changes took generations, even centuries, to be felt by the majority of Europeans, who were still peasants. The merchants and skilled workers of Europe's growing cities thrived. Middle-class families enjoyed a comfortable life. In contrast, hired laborers and those who served the middle and upper classes often lived in crowded quarters on the edge of poverty.
Recessions and periods of economic growth as the efficient response to exogenous changes in the real economic environment.
Your mom makes curried lentils.
Trends in national economic development reflect changes occurring at the state and local levels and can impact local economic development planning.
great bristish
before Europeans settlers arrived
because of the changes people had started dying and led to hunger
Recessions and periods of economic growth as the efficient response to exogenous changes in the real economic environment.
The arrival of the Europeans did not affect the native americans in Mexico.
Your mom makes curried lentils.
opposed economic reforms
Trends in national economic development reflect changes occurring at the state and local levels and can impact local economic development planning.
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Europeans sought economic gain from natural resources in Africa and consumer markets in Asia.
Encounters with Europeans led to significant changes for Africans, including the spread of diseases like smallpox, the Atlantic slave trade, and the imposition of colonial rule. This disrupted traditional ways of life, led to loss of autonomy, and resulted in lasting economic, social, and political challenges for African societies.
great bristish
before Europeans settlers arrived
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