The Political History of the United States

1.5 The Economy

12.17.2018 - By Allen AyersPlay

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So far on our survey of 16th century Europe we have spent time looking at the political situation as well as the developing religious changes. This week our attention goes to the changing economy. During the 16th century, we see the economy continue through a long period of modernization. The feudal economy is giving way to early capitalistic systems, as the age of mercantilism is ushered in.

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