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Transitions to Capitalism in Early Modern Europe from Part II - Introduction: The Long Sixteenth Century
Published online by Cambridge University Press: 19 September 2019
Beginning in 1450/1470 and continuing for about a century, Europe experienced swelling agricultural and industrial output, increasing domestic and international trade, sustained demographic expansion and urbanization. Broad advance was followed by nearly as general deceleration: by 1620/1650 the upswing had ground to a halt virtually everywhere. Though chronologies, characteristics, and intensity varied among regions and sectors, historians consider the “long sixteenth century” of growth and slowdown an integral period encompassing all Europe’s economies.
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