Banking - Fuggers in Germany
- Medicis in Italy
- Antwerp (16th Century)
- Amsterdam (17th Century)
Hanseatic League - German states that controlled trade
Joint-Stock Companies - Investors pooled resources for common purpose
- Virginia
New Industries and Goods - Textiles, Mining, Printing, Shipbuilding, Weapons
- Sugar (most expensive), rice and tea
Mercantilism - Nations sought self-sufficiency
- Export more than import
- Bullionism – Acquire Gold
- Trade’s goal was keep gold from going to competing company
PRICE REVOLUTION The emergence of nation states led to taxation Prices rose gradually in the 16th century More population demanded more goods which increased prices Influx of gold for the New World Inflation Bourgeoisie
LIFE IN 16th & 17th CENTURIES Countryside - Lords/Nobles at the top
- Peasants owned land
- Landless workers
Towns - Bourgeoisie were the wealthiest
- Skilled craftsman belonged to guilds
- Low-skilled jobs for low wages
THE FAMILY Nuclear Age of marriage higher (economics) - Dowries
- Permission needed
Children - Average number of kids 6
- Post 1750 an increase in illegitimate births
Women - Marriage was an escaped from hard life of work
Child Care Child Care - Poor women breast fed
- Wealthier women used wet nurses
- Foundling Hospitals
- Spare the rod and spoil the child
- Girls were sent to the city
Education
Life Expectancy Life Expectancy - Increase from 25-35
- No plague
- Sanitation
- Vaccinations
- Clothing
- Better food
- Potato
- Meat, fish and alcohol
Medical
WITCH HUNTS Belief in Magic Church Women Scientific Revolution Medicine Trials Reformation
CAUSES Crisis in the Church - Babylonian Captivity
- Great Schism
- Concilliar Movement
- Give Church Councils more power than Pope (Rejected)
Corruption in the Church - Simony
- Pluralism
- Absenteeism
- Nepotism
- Sale of Indulgences
Moral decline - Moral decline
- Pope Alexander VI
- 20% of priests had concubines
- Clerical Ignorance
John Wyclif - Bible, Personal Communion & fewer sacraments
- Lollards
- John Hus
Thomas a Kempis - Brethren of the Common Life
- Live a simple life and make religion personal
Erasmus - In Praise of Folly
- Criticized corruption in the church and hypocrisy
Renaissance Humanism
MARTIN LUTHER Johann Tetzel - Authorized to sale indulgences by Pope Leo X (St. Peter’s)
95 Theses - Wittenberg
- Criticized the sale of indulgences
Debate with Johann Ecks - Denied infallibility of the pope and Church councils
Theology of Reform - Salvation by Faith alone
- Bible is sole authority
- Only 2 sacraments
- Priesthood of all believers
- Encouraged German princes to reform the church
- Rejected celibacy (Marriage)
Diet of Worms Diet of Worms - Charles V demands Luther recant
- “Here I stand”
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