Atlantis Online
September 23, 2020, 02:36:13 pm
Welcome, Guest. Please login or register.

Login with username, password and session length
News: Hunt for Lost City of Atlantis
http://news.bbc.co.uk/1/hi/world/europe/3227295.stm
 
  Home Help Arcade Gallery Links Staff List Calendar Login Register  

THE RENAISSANCE


Pages: 1 2 [3]   Go Down
  Print  
Author Topic: THE RENAISSANCE  (Read 3161 times)
Bianca
Superhero Member
******
Posts: 41646



« Reply #30 on: November 02, 2008, 02:55:51 pm »




             








As a wider variety of global luxury commodities entered the European markets by sea, previous
European markets for luxury goods stagnated.

The Atlantic trade largely supplanted pre-existing Italian and German trading powers which had relied
on their Baltic, Russian and Islamic trade links.

The new commodities also caused social change, as sugar, spices, silks and chinawares entered the luxury markets of Europe. Additionally, the increase in wealth experienced by Spain coincided with a major inflationary cycle, both within Spain and within Europe generally.

Within a few decades American mines were outproducing European mines. The increase in prices as a result of currency circulation fueled the growth of the commercial middle class in Europe, which would come to influence the politics and culture of many countries.



FROM

wikipedia.com
« Last Edit: November 02, 2008, 03:16:00 pm by Bianca » Report Spam   Logged

Your mind understands what you have been taught; your heart what is true.
Pages: 1 2 [3]   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Bookmark this site! | Upgrade This Forum
SMF For Free - Create your own Forum
Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy