Wednesday, June 12, 2019
Emergence of Capitalism in Western Europe Essay
Emergence of Capitalism in westerly Europe - Essay Exampleationship amongst the various processes of production, distribution, consumption and exchange, it was, nevertheless unable to go for the importance of creating facilitating environment of growth through incentives to farmers. The farmers were therefore forced to produce not for profit but for sustenance. Another key factor that contributed to the decline of feudal system was its tendency to encourage population growth for both the peasants and the feudal lords (Dobb, 1963). The large peasant family helped in farming but it guide to defragmentation of land holding and cast down production in the long run. The enlarged family of local rulers strengthened their political motive as the family members were absorb in the military. This again put pressure on the farmers as surplus was utilise to support growing tote up of military. The enlarged family of rulers also witnessed reduced power as land was divided amongst larger n umber of inheritors. In order to strengthen the position of feudal lords, the major states of Western Europe like Germany, France, Italy, Portugal etcetera raised taxes and appropriation on surplus that led to the widespread revolt of the peasant (Maddison, 2007). The revolt of peasants was joined by the proletarian class which significantly helped in the fall of feudal system in Western Europe. All these factors became key issues for the decline for feudal system in Western Europe. 3. Emergence of Capitalism in Western Europe in 17th to nineteenth century One of the most important factors that had emerged from the fall of feudalism was the development of bartering economy and expansion of make do over larger geographical areas (Ingram, 2008). The money was minted and used for payments in various economic activities like sale and purchase/ lease/ rent of land, goods and... The enlarged family of local rulers strengthened their political power as the family members were absorbed in the military. This again put pressure on the farmers as surplus was used to support growing number of military. The enlarged family of rulers also witnessed reduced power as land was divided amongst larger number of inheritors. In order to strengthen the position of feudal lords, the major states of Western Europe like Germany, France, Italy, Portugal etc. raised taxes and appropriation on surplus that led to the widespread revolt of the peasant (Maddison, 2007). The revolt of peasants was joined by the proletarian class which significantly helped in the fall of feudal system in Western Europe. All these factors became key issues for the decline for feudal system in Western Europe.3. Emergence of Capitalism in Western Europe in 17th to 19th centuryOne of the most important factors that had emerged from the fall of feudalism was the development of bartering economy and expansion of trade over larger geographical areas (Ingram, 2008). The money was minted and used for payments in var ious economic activities like sale and purchase/ lease/ rent of land, goods and services. The peasants and farm workers were much motivated because of wage based labour. Most importantly, the payment system in standardized form of money made it easy to switch the occupation, the feudal soldiers and serfs could today be replaced with paid soldiers and peasants boasting greater skills. It helped to highlight the importance of labour.
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