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Europe

Back to Europe: A.D. 1301 to 1400

At 1401 there was no dominant state in Europe. Germany and Italy were fragmented and the eastern empires of Casimir IV of Poland and Corvinus of Hungary developed late in the century and even then were ephemeral. The Iberian Peninsula had civil war and France had the Burgundians and Armagnacs feuding. Prolonged climate deterioration began about 1450, starting the "Little Ice Age", which lasted up to the first of the 19th century. (Ref. 8 , 224 ) In spite of all this, after about 1450 Europe began to recover from the prolonged disasters and deficiencies of the previous 100 years. (Ref. 292 )

Slavery had almost ceased in Europe until Portugal revived the custom in the latter half of the century, with the blacks from Africa. (Ref. 213 ) Movable type printing gradually came into use so that by 1500 some 236 towns in Europe had their own print shops (11). As Braudel (Ref. 260 ) states, the printing press expanded and invigorated everything. For centuries there had been two different European navies - the Mediterranean and the northern - but with increased trade and intermingling, the clinker construction and centerline rudder of the northern ships began to appear in the Mediterranean, while the southern lanteen rig went north and Europe began to emerge more as a single civilization. Vehicles with a moveable front axle, first used in gun carriages, were only employed after about 1470. As populations increased and artillery made their old walls useless, 15th century towns began to face serious problems. New, wide ramparts filled with earth (and thus hardly movable) had to be constructed and then large open spaces in front of these fortifications were necessary, eliminating gardens and trees. (Ref. 260 )

Methods of exchange of goods had changed considerably by this century. Essentially only towns (or very large villages) now had markets. The western town controlled everything and the market, held usually once or twice a week, was one of its chief mechanisms. The surrounding countryside needed time to produce and collect goods and then divert some individuals, usually women, to sell the produce. On the seas, ships had increased enormously in size and were no longer individually owned, as shares were sold. The money market moved towards Holland and later London. (Ref. 292 )

Southern europe

Eastern mediterranean islands

Venice continued her domination of most of the Mediterranean and added the island of Cyprus to her possessions in this century. (Ref. 38 ) The exception was Rhodes, which remained under control of the Knights Hospitallers.

Greece

Early in the century Greece was divided between Ottomans, Venice, some Latin States and a small area still belonging to Byzantium. By late century all had been pushed out by the Ottoman Turks except for a few coastal islands which were still controlled by Venice. In the next century or two many Greek men actually functioned as Ottoman generals and officials. (Ref. 137 )

Upper balkans

Early on the bulk of the Balkans were under Turkish domination with the exceptions of Romania, which was a part of Hungary, and the Principality of Moldavia. Albania was taken by the Ottomans in 1430 and by 1436 the entire peninsula was Turkish. Their attempted invasion of Hungary began in 1439. Merchant Sicilians (Ragusans) were the chief westerners to penetrate this Balkan Turkish territory. (Ref. 292 )

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
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Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
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money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
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Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
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Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, A comprehensive outline of world history. OpenStax CNX. Nov 30, 2009 Download for free at http://cnx.org/content/col10595/1.3
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