Download Economic Expansion and Social Change: England 1500-1700, by C. G. A. Clay PDF

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By C. G. A. Clay

Ancient knowing of the dynamics of financial and social swap within the 16th and 17th centuries has been remodeled via a huge quantity of unique study. a desirable photo has emerged of an economic system and society in turmoil lower than the impact of inhabitants progress, inflation, the commercialization of agriculture, the expansion of a big capital urban, the emergence of latest types of production, and adjustments within the overseas fiscal context. conventional sorts of creation, conventional social constructions and standard values all got here less than more and more insistent assault from the forces of swap, resulting in radical monetary and social readjustments.

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Extra info for Economic Expansion and Social Change: England 1500-1700, Volume I: People, Land and Towns

Example text

The contemporary name for the part of West Africa frequented by the English, 'Guinea', came indeed to provide a name for the gold coins issued by the Mint at this time. See also below n, pp. 175-6. 38 The movement of prices The North and North Midlands were, in general, a low price region, particularly for agricultural goods, whilst in the Home Counties, which were most directly influenced by the London market, and increasingly in the South West, with its ever-growing industrial populations, prices tended to be relatively high.

175-6. 38 The movement of prices The North and North Midlands were, in general, a low price region, particularly for agricultural goods, whilst in the Home Counties, which were most directly influenced by the London market, and increasingly in the South West, with its ever-growing industrial populations, prices tended to be relatively high. But not all commodities conformed to this general pattern: the comparative advantage of the South and East in the production of barley, for instance, made it cheaper there, even in London, than in some more distant areas.

The end of the upward movement: the birth rate 25 suggests that at least the proximate cause was the psychological shock which the survivors of a close-knit community had received from the dreadful experience of living through the plague year, but there is every reason to think that the underlying reason why the villagers adopted new conventions in respect of the age at which it was appropriate to get married, and new modes of behaviour within marriage, was the pressure on living standards which the steady rise in numbers over the previous century had exerted.

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