the political trends in Europe for science of new time explain in detail what were the social and economic changes seen in the society in five points
Answers
The 16th century was a period of vigorous economic expansion. This expansion in turn played a major role in the many other transformations—social, political, and cultural—of the early modern age.
The Emergence Of Modern Europe, 1500–1648
Economy and society
The 16th century was a period of vigorous economic expansion. This expansion in turn played a major role in the many other transformations—social, political, and cultural—of the early modern age.
By 1500 the population in most areas of Europe was increasing after two centuries of decline or stagnation. The bonds of commerce within Europe tightened, and the “wheels of commerce” (in the phrase of the 20th-century French historian Fernand Braudel) spun ever faster. The great geographic discoveries then in process were integrating Europe into a world economic system. New commodities, many of them imported from recently discovered lands, enriched material life. Not only trade but also the production of goods increased as a result of new ways of organizing production. Merchants, entrepreneurs, and bankers accumulated and manipulated capital in unprecedented volume. Most historians locate in the 16th century the beginning, or at least the maturing, of Western capitalism. Capital assumed a major role not only in economic organization but also in political life and international relations. Culturally, new values—many of them associated with the Renaissance and Reformation—diffused through Europe and changed the ways in which people acted and the perspectives by which they viewed themselves and the world.